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    <title>Model Listing Agreement for listing of Indian Depository Receipts (IDRs) issued by issuing companies whose securities market regulators are signatories to the Multilateral Memorandum of Understanding (MMOU) of International Organization of Securities Commissions (IOSCO)</title>
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    <description>Model listing terms require issuers of Indian Depository Receipts to furnish pre issuance documentation including SEBI observation and merchant banker compliance certificates, ensure underlying shares are listed in the home market, obtain in principle exchange approval for further IDRs, and disclose pre/post capital structure changes. Continuing obligations mandate simultaneous electronic filing of corporate actions and financial statements disclosed in other jurisdictions, quarterly IDR holder pattern reports, appointment of an India based compliance officer, translated audited annual and periodical financials with reconciliations where applicable, and prompt notification of material events, with stock exchange powers to suspend or delist for non compliance.</description>
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