Buy custom Indian Depository Receipts
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Topic: |
Business
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Number of pages / Number of words: |
8 / 2128 |
Essay's paper body
These rules permit the eligible foreign firms to raise funds from the Indian capital market by listing the Indian Depository Receipts (IDRs) on the Indian stock exchanges.
Definition: Indian Depository Receipt is a receipt, evidencing and underlying foreign security, issued in India by a foreign company which has entered into an agreement with the issuer and depository, custodian and depository or underwriters and depository, in accordance with the terms of prospectus or letter of offer, as may be prescribed...
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These rules permit the eligible foreign firms to raise funds from the Indian capital market by listing the Indian Depository Receipts (IDRs) on the Indian stock exchanges.
Definition: Indian Depository Receipt is a receipt, evidencing and underlying foreign security, issued in India by a foreign company which has entered into an agreement with the issuer and depository, custodian and depository or underwriters and depository, in accordance with the terms of prospectus or letter of offer, as may be prescribed...
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