Depository Receipts

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Multiple Choice

What is/are the eligibility criteria of foreign issuing company to issue Indian Depository Receipts (IDRs)?

  1. Preissue paidup capital and free reserves of at least US$ 50 million
  2. A continuous trading record or history on a stock exchange
  3. Listed in home country and not been prohibited to issue securities
  4. All of the above
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