Indian Depository Receipts listing permits trading on recognized Indian stock exchanges and free transfer by residents under foreign exchange law. IDRs issued under this rule must be listed on recognized Indian stock exchanges and may be purchased, held and freely transferred by a person who is a ... Summary
Indian Depository Receipts listing permits trading on recognized Indian stock exchanges and free transfer by residents under foreign exchange law.
IDRs issued under this rule must be listed on recognized Indian stock exchanges and may be purchased, held and freely transferred by a person who is a resident in India as defined under the Foreign Exchange Management Act, subject to the provisions of that Act.
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