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    <title>Issue/transfer of eligible securities to a foreign depository for the purpose of issuance of depository receipts by eligible person(s)</title>
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    <description>Issue or transfer of eligible securities to a foreign depository for issuance of depository receipts is allowed for eligible persons or via a domestic custodian, subject to aggregate foreign holding limits, compliance with the Depository Receipts Scheme and Central Government guidelines. Pricing must not be below the corresponding domestic issue/transfer price, and the domestic custodian must report issuance to the Reserve Bank in prescribed formats. Depository receipts issued under the earlier scheme are deemed to fall under the current Scheme and must comply accordingly.</description>
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      <description>Issue or transfer of eligible securities to a foreign depository for issuance of depository receipts is allowed for eligible persons or via a domestic custodian, subject to aggregate foreign holding limits, compliance with the Depository Receipts Scheme and Central Government guidelines. Pricing must not be below the corresponding domestic issue/transfer price, and the domestic custodian must report issuance to the Reserve Bank in prescribed formats. Depository receipts issued under the earlier scheme are deemed to fall under the current Scheme and must comply accordingly.</description>
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      <pubDate>Thu, 15 Jan 2015 11:25:13 +0530</pubDate>
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