IDR (Indian Depository Receipt) FAQs

How can a person who holds IDR in India practice their voting rights in corporate office?

IDR holders are entitled to vote on the resolutions of the issuer with regard to the Shares that underlie the IDRs. IDR holders have the right to ask the Depository for their voting rights in relation to the shares represented in their IDRs. However, the Depository may request certain legal opinions from the legal counsel of the issuer in order to prevent any such exercise in limited circumstances.

What do you mean by IDR?

How does IDR can be traded?

Who is eligible to hold IDRs?

The Indian securities regulations and reporting rules will vary from one country to the next. Is the issuer going to change its global reporting practices?

Who is liable authority for IDR holders Grievances?

Define NCD Public issue.