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About IDR (Indian Depository Receipts)

This query is : Resolved 
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(Querist)
30 September 2008 IS there companies that have raised equity in india through IDR? I read that IDR has been allowed since 2004
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Ankit Dangayach

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Ankit Dangayach (Expert)
26 October 2008 Till now no company has raised funds through IDR route.Recently ,to attract foreign companies to tap indian markets through IDR, Govt made some changes in the IDR regulations.
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