Indian depository receipts definition

Indian depository receipts means Indian depository receipts as defined in sub- section(48) of section 2 of the Companies Act, 2013;
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Examples of Indian depository receipts in a sentence

  • These shares are held in trust by a foreign custodian bank against which a domestic custodian bank issues an instrument called Indian depository receipts (IDR), denominated in `.

  • Subject to applicable conditions, the regulations permit FIIs (and its sub- account) and QFIs to invest in unlisted or listed shares, convertible or nonconvertible debentures (listed and unlisted), Indian depository receipts, domestic mutualfund units, exchange traded derivatives and similar securities.

  • The execution and delivery of this Agreement and the Related Agreements and the consummation of the transactions contemplated hereby and thereby does not implicate any rights or obligations under the Organizational Documents of Thin Crust or any of the Thin Crust Subsidiaries that have not been complied with or waived.

  • Weather Derivatives can be an important tool to hedge against losses occurring from uncertain weather conditions and can help reduce the impact of adverse weather on a company's profitability. Indian Depository Receipts (IDR): After the success of American Depository Receipts and Global Depository Receipts the Indian regulatory body, SEBI also allowed foreign companies to raise capital in India through Indian depository receipts (IDRs).

  • Obligations of Listed entity which has listed its Indian depository receipts.

  • The Company has not issued any non-convertible debt securities, non-convertible redeemable preference shares, Indian depository receipts or securitized debt instruments.

Related to Indian depository receipts

  • Depository The Depository Trust Company, or any successor Depository hereafter named. The nominee of the initial Depository for purposes of registering those Certificates that are to be Book-Entry Certificates is Cede & Co. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the Uniform Commercial Code of the State of New York and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended.

  • Securities Depository means The Depository Trust Company and any other clearing agency registered with the SEC under Section 17A of the Securities Exchange Act of 1934, as amended (the “1934 Act”), which acts as a system for the central handling of Securities where all Securities of any particular class or series of an issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of the Securities.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Depositary means, with respect to the Notes issuable or issued in whole or in part in global form, the Person specified in Section 2.03 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this Indenture.