GRASIM INDUSTRIES LIMITED AND CITIBANK, N.A., As Depositary, AND ALL HOLDERS AND BENEFICIAL OWNERS OF GLOBAL DEPOSITARY SHARES EVIDENCED BY GLOBAL DEPOSITARY RECEIPTS OUTSTANDING UNDER THE TERMS OF THE DEPOSIT AGREEMENT, DATED AS OF SEPTEMBER 17, 1999...Deposit Agreement • April 11th, 2023 • Citibank,N.A./ADR • New York
The Depositary shall arrange to have new GDRs printed that reflect the changes effected by the Amendment. However, GDRs issued prior to the date hereof and which do not reflect the changes effected by the Amendment do not need to be surrendered for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason.
GRASIM INDUSTRIES LTD. and CITIBANK, N.A., As Depositary and HOLDERS AND BENEFICIAL OWNERS OF GLOBAL DEPOSITARY RECEIPTS DEPOSIT AGREEMENT Dated as of November 25, 1992Deposit Agreement • April 11th, 2023 • Citibank,N.A./ADR • New York
☐ D. The undersigned is a broker-dealer acting as agent on behalf of its customer, which customer has confirmed to the undersigned in writing that it is the beneficial owner of the Shares deposited in connection herewith and that it is acquiring the GDR or a beneficial interest in the Master GDR in a transaction in accordance with Regulation S under the Securities Act of 1933.
GRASIM INDUSTRIES LIMITED AND CITIBANK, N.A., As Depositary, AND ALL HOLDERS AND BENEFICIAL OWNERS OF GLOBAL DEPOSITARY RECEIPTS OUTSTANDING UNDER THE TERMS OF THE DEPOSIT AGREEMENT, DATED AS OF NOVEMBER 25, 1992, AS AMENDED BY AMENDMENT NO. 1 TO...Deposit Agreement • April 11th, 2023 • Citibank,N.A./ADR • New York
The Depositary shall arrange to have new GDRs printed that reflect the changes effected by the Amendment. However, GDRs issued prior to the date hereof and which do not reflect the changes effected by the Amendment do not need to be surrendered for exchange and may remain outstanding until such time as the Holders thereof choose to surrender them for any reason.
