Depository Receipt. (DR) means a negotiable security issued outside India by a Depository bank, on behalf of an Indian company, which represent the local Rupee denominated equity shares of the company held as deposit by a Custodian bank in India. DRs are traded on Stock Exchanges in the US, Singapore, Luxembourg, etc. DRs listed and traded in the US markets are known as American Depository Receipts (ADRs) and those listed and traded anywhere/elsewhere are known as Global Depository Receipts (GDRs).
Depository Receipt means a foreign currency denominated instrument, whether listed on an international exchange or not, issued by a foreign depository in a permissible jurisdiction on the back of eligible securities issued or transferred to that foreign depository and deposited with a domestic custodian and includes ‘global depository receipt’ as defined in the Companies Act, 2013;
Depository Receipt. – means a Put Escrow Receipt, a Call Underlying Interest Deposit or a Futures Underlying Interest Deposit.
Examples of Depository Receipt in a sentence
American Depository Receipt (ADR) or American Depository Share (ADS) [ ] 6.
The Company has not issued Global Depository Receipts or American Depository Receipt or Warrants or any Convertible instruments.
The Company did not sponsor any Depository Receipt Programme during the financial year.
American Depository Receipt (ADR) or Global Depository Receipt (GDR) Programme During the financial year, the Company did not sponsor any ADR or GDR programme.
There were no Depository Receipt Programme sponsored by the Company during the financial year.
More Definitions of Depository Receipt
Depository Receipt or “DR” means an instrument representing an issuer’s securities, where the instrument confers rights in respect of such securities;
Depository Receipt means a Security traded on a local Exchange or Off-market that represents a Security, usually in the form of equity, traded on an external Exchange;
Depository Receipt means a certificate or other record, whether or not in the form of a document, which—
Depository Receipt. (DR) means a negotiable security issued outside India by a
Depository Receipt. (DR) means a negotiable security issued outside India by a Depository bank, on behalf of an Indian company, which represent the local Rupee denominated equity shares of the company held as deposit by a Custodian bank in India. DRs are traded on Stock Exchanges in the US, Singapore, Luxembourg, etc. DRs listed and traded in the US markets
Depository Receipt mean means a receipt or other instrument issued by a
Depository Receipt means a security which represents ownership of an underlying security and which can be traded independently of the underlying security;