Quarterly return obligations for GDR/ADR issuers require disclosure of funds raised, foreign balances, and certification. Obligation to submit the Quarterly Return (Annexure 'D') for GDR/ADR issues requiring company and issue identification; totals for GDRs/ADRs issued and ... Summary
Quarterly return obligations for GDR/ADR issuers require disclosure of funds raised, foreign balances, and certification.
Obligation to submit the Quarterly Return (Annexure 'D') for GDR/ADR issues requiring company and issue identification; totals for GDRs/ADRs issued and funds raised; interest earned; issue expenses; amounts repatriated; foreign balances by banks, treasury bills and other instruments; outstanding GDRs; quarter end company share price and overseas GDR price; and a certification that proceeds have not been invested in the stock market or real estate, signed by a Chartered Accountant and an authorised signatory.
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