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<h1>Applicability of Indian Depository Receipts rules: most ICDR provisions apply with specified disclosure and advertising exceptions under SEBI regulations.</h1> Regulation 96 prescribes that SEBI's Chapter on IDRs applies to issues under the Companies Act and Rules, makes most ICDR provisions applicable to IDR issues while enumerating specific regulations, sub-regulations, chapters and parts that are exempt, and limits the territorial application of advertising-related sub-regulations to materials issued, published or circulated in India, leaving other advertising provisions applicable.