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Schedule 10 [See Regulation 5(10)] - Issue of Indian Depository Receipts (IDRs) - Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017

Extract

..... Schedule 10 [See Regulation 5(10)] Issue of Indian Depository Receipts (IDRs) 1. Issue of IDRs Companies incorporated outside India may issue IDRs through a Domestic Depository, to persons resident in India and outside India, subject to the following conditions (1) the issue of IDRs is in compliance with the Companies (Registration of Foreign Companies) Rules, 2014 and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009; (2) any issue of ID .....

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Schedule 10 See Regulation 5(10) - Issue of Indian Depository Receipts (IDRs) - Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017

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