https://www.taxtmi.com/acts?id=33627 Regulation 226 permits a streamlined fast-track rights issue of Indian Depository Receipts when an issuer: is in material compliance for three years with deposit and listing agreements (certified); has had the offer document for the rights offering filed and reviewed by the home-country securities regulator; faces no pending show-cause or prosecution proceedings restricting market access for the issuer or key persons; and has redressed at least ninety-five percent of IDR holder complaints in the three months before filing. Satisfying these conditions allows the issuer to file the home-country offer document with the Board together with an addendum per Part C of Schedule VIII before stock exchange filing. en-us Fri, 21 Dec 2018 14:25:52 +0530 Mon, 12 Aug 2024 10:58:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33627 Regulation 226 permits a streamlined fast-track rights issue of Indian Depository Receipts when an issuer: is in material compliance for three years with deposit and listing agreements (certified); has had the offer document for the rights offering filed and reviewed by the home-country securities regulator; faces no pending show-cause or prosecution proceedings restricting market access for the issuer or key persons; and has redressed at least ninety-five percent of IDR holder complaints in the three months before filing. Satisfying these conditions allows the issuer to file the home-country offer document with the Board together with an addendum per Part C of Schedule VIII before stock exchange filing. Act-Rules SEBI Fri, 21 Dec 2018 14:25:52 +0530 https://www.taxtmi.com/acts?id=33627