“ Global Depository Receipts (GDR) – Compliance, Procedure and Listing”. What is a GDR?.
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- whether the GDR will be through public or a private placement,
- the number of GDRs to be issued.
- the issue price. (the Issue price is normally 5-10 % discounted prevalent market price of the shares of the Issuing Company one day prior to the opening of the GDR Issue.
- number of underlying shares to be issued against each GDR.
- the Ministry of Finance.
- the Registrar of Companies