SPECIAL PROVISIONS FOR COMPANIES LISTED ON INNOVATORS GROWTH PLATFORM - Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
SPECIAL PROVISIONS FOR COMPANIES LISTED ON INNOVATORS GROWTH PLATFORM - Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
Cancellation of depository receipts required after delisting, mandating conversion to underlying equity within one year. After delisting from all recognized stock exchanges with nationwide trading terminals, the company must terminate the depository receipts program(s), ... Summary
Cancellation of depository receipts required after delisting, mandating conversion to underlying equity within one year.
After delisting from all recognized stock exchanges with nationwide trading terminals, the company must terminate the depository receipts program(s), compulsorily cancel all outstanding depository receipts issued overseas and convert them into the underlying equity shares in the home jurisdiction within one year of such delisting.
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