DEPOSITORY RECEIPTS ISSUANCES: ANALYSIS OF SEBI DR CIRCULAR

Published On: 11/11/2019

Authors:

On October 10, 2019 SEBI has issued a circular laying down framework for issue of depository receipts by listed companies and to be listed companies in order to provide increased access to foreign funds. In light of this, INDUSLAW's Siddharth Rajeevan and Ravi Dubay discuss the key features of the SEBI circular.