Issue of shares outside india...!!!
This query is : Resolved
12 March 2012
Is there any Provisions for Company under any act regarding issue of GDR which are registered in some foreign stock exchange..?
AND ALSO
GDR's are converted into Equity Shares in subsequent years...
AND ALSO
GDR's are converted into Equity Shares in subsequent years...
Ajay Mishra
(Expert)
12 March 2012
Hi
In all cases you will issue all certificate from India. whether it is GDRs or Equity.
Regards
In all cases you will issue all certificate from India. whether it is GDRs or Equity.
Regards
Ajay Mishra
(Expert)
13 March 2012
Hi you are issue a General Share certificate in which you write no. of equity shares issued against no. of GDRs. On the bottom of share certificate you write the the no of underlying GDRs.
Hi you are issue a General Share certificate in which you write no. of equity shares issued against no. of GDRs. On the bottom of share certificate you write the the no of underlying GDRs.
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