relating to GDR
This query is : Resolved
Vishnu Agarwal
(Querist)
03 July 2008
Sir,Madam
What is GDR? Why it is created?
Sir,Madam
What is GDR? Why it is created?
S.Srinivasaraghavan
(Expert)
03 July 2008
Global Depository Receipt.
It is an instrument to raise finance globally
It is an instrument to raise finance globally
Amit Bajaj
(Expert)
03 July 2008
Global Depository Receipt.
It is an instrument to raise finance globally
It is an instrument to raise finance globally
CA Anand Sarda
(Expert)
03 July 2008
GDR
If a non resident want to buy the indian companies shares, he cannot directly buy it, so the company will issue GDR's. there will a custodian of GDR's to whom indian shares are issued. he inturn issues GDR's to non-residents.
Pls any one has comments, it would be appreciated if u comment.
If a non resident want to buy the indian companies shares, he cannot directly buy it, so the company will issue GDR's. there will a custodian of GDR's to whom indian shares are issued. he inturn issues GDR's to non-residents.
Pls any one has comments, it would be appreciated if u comment.
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