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Participation by Overseas Corporate Bodies ("OCBs") in the limited two-way fungibility of ADRs/GDRs.

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....R NO. 10 Sub: Participation by Overseas Corporate Bodies ("OCBs") in the limited two-way fungibility of ADRs/GDRs. Please refer to the Operative Guidelines for the two-way fungibility under the "issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme 1993" issued by Reserve Bank of India ("RBI") vide its circular....

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