https://www.taxtmi.com/circulars?id=58496 Redemption of IDRs into underlying shares is permitted only after the initial lock in and solely when IDRs are deemed infrequently traded under a six month trading turnover test; issuers must test liquidity semi annually, treat a qualifying low liquidity result as the redemption trigger, make prescribed public announcements and exchange notifications, accept applications during the announced window, complete redemptions within the stipulated processing period, and have the domestic depository notify revised shareholding patterns upon completion. en-us Fri, 03 Jun 2011 00:00:00 +0530 Thu, 26 Feb 2026 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58496 Redemption of IDRs into underlying shares is permitted only after the initial lock in and solely when IDRs are deemed infrequently traded under a six month trading turnover test; issuers must test liquidity semi annually, treat a qualifying low liquidity result as the redemption trigger, make prescribed public announcements and exchange notifications, accept applications during the announced window, complete redemptions within the stipulated processing period, and have the domestic depository notify revised shareholding patterns upon completion. Circulars SEBI Fri, 03 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58496