SEBI issues clarifications on framework for issue of Depository Receipts

The market regulator, SEBI has issued clarification on framework for issue of Depository Receipts wherein it has specified that Permissible holder means a holder of DR, including its Beneficial Owner(s), satisfying the conditions such as he is not a person resident in India and Non-Resident Indian (NRI).The market regulator, SEBI has issued clarification on framework for issue of Depository Receipts wherein it has specified that Permissible holder means a holder of DR, including its Beneficial Owner(s), satisfying the conditions such as he is not a person resident in India and Non-Resident Indian (NRI).taxmann.com Latest Statutory HappeningsRead More

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