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A foreign company can access Indian securities market for raising funds through issue of Indian Depository Receipts IDRs. An IDR is an instrument denominated in Indian Rupees in the form of a depository receipt created by a Domestic Depository custodian of securities registered with the Securities and Exchange Board of India against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets . . Friday, August 14, 2015. Domestic Institutional.CONTENT
This web page validisclosures.blogspot.com states the following, "A foreign company can access Indian securities market for raising funds through issue of Indian Depository Receipts IDRs." We saw that the webpage said " An IDR is an instrument denominated in Indian Rupees in the form of a depository receipt created by a Domestic Depository custodian of securities registered with the Securities and Exchange Board of India against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities Markets ." It also said " Friday, August 14, 2015."