section 62
Umang Budhwani (12 Points)
19 January 2018
What does shares underlying depository receipt means?
1 Replies
Abhishek Sharma
(Senior Assurance)
(43 Points)
Replied 19 January 2018
depository receipts facilitates buying shares in foreign companies, because shares don't leave the home company. shares in the name of depository receipts of foreign companies. In India, IDR is relevant.
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