Poonawalla fincorps
Poonawalla fincorps

Issue of GDR

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(Querist)
15 May 2011 A company has issued GDR for raising money through foreign markets.

I want to know the presentation of GDRs in the financial statements and also what disclosures have to be given in the notes to accounts.

Kindly guide me regarding the above.

Your early reponse will be highly appreciated.
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Satish Rathi

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Satish Rathi (Expert)
17 May 2011 Hi Rohit,

Many of the listed companies have issued GDRs. You can find their financials on their websites.

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