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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Regulation 74 requires equitable treatment for Indian Depository Receipt holders, ensuring fair corporate actions and grievance redressal.</h1> Regulation 74 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 mandates that listed entities with Indian Depository Receipts (IDRs) must ensure equitable treatment for IDR holders compared to security holders in the entity's home country. This includes equitable treatment in corporate actions, takeovers, delisting, and buy-backs, as long as such actions are permissible under Indian law. The regulation also requires the protection of IDR holders' interests concerning corporate benefits and mandates that listed entities adequately address investor grievances.
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