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Framework for issue of Depository Receipts - SEBI - SEBI/HO/MRD2/DCAP/CIR/P/2019/146

Extract

..... any shall be permitted to issue permissible securities or transfer Permissible Securities of existing holders, for the purpose of issue of DRs, only in Permissible Jurisdictions and said DRs shall be listed on any of the specified International Exchange(s) of the Permissible Jurisdiction. 3. The Circular also provided that ‘Permissible Jurisdiction’ shall mean jurisdictions as may be notified by the Central Government from time to time, pursuant to notification no. G.S.R. 669(E) date .....

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Framework for issue of Depository Receipts - SEBI

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..... erred under Section 11(1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 7. This circular is available on SEBI website at www.sebi.gov.in at “Legal Framework → Circulars”. Yours faithfully, Amit Tandon General Manager Market Regulation Department E-mail: amitt@sebi.gov.in Annexure A List of Permissible Jurisdictions and International Exchanges 1 .....

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Framework for issue of Depository Receipts - SEBI

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