Tag: Stan

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What is an IDR …part 2

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This is second in the series of what is an Idr..let us see who are the participants: Main Players: Issuer Company, Overseas Custodian, the domestic depository, and the Registrar and Transfer Agent Issuer company: Foreign Listed Company – i do not know whether there is any quality criteria. The investor gets an exposure to the […]

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1

What is an IDR?

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What is an IDR? IDR is Indian Depository Receipts issued by a domestic depository in India and denominated in Rupees. It represents an ownership interest in a fixed number of underlying equity shares of the Issuing company. These shares are called Deposited Shares. Why should a company issue an IDR? A foreign company which cannot […]

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