Sebi imposes Rs 10.25 cr fine on Commex Technology in GDR manipulation caseSebi noted that loan agreement and pledge agreement, enabled Vintage to avail loan from EURAM Bank for subscribing to GDRs of Commex. Furth...
GDR manipulation: Sebi slaps total Rs 11.8 cr fine on Beckons Industries, 4 officialsBeckons issued GDRs worth USD 5 million in July 2008, with the objective of establishing a subsidiary in the UAE.
Sebi slaps Rs 10 lakh fine on individual in GDR manipulation caseFIL issued Global Depository Receipts (GDRs) during June-August 2010 period. It issued GDRs amounting to USD 59.92 million in June 2010 and...
GDR manipulation: Sebi slaps Rs 50 lakh fine on Farmax India MDFarmax India Ltd (FIL) had issued GDRs amounting to USD 59.92 million in June 2010 and USD 11.98 million in August 2010 under green shoe op...
Task force to take up pending reforms to give IFSC a boostIntroduction of new products in IFSC, and opening the financial services centre to increased participation from Indians and NRIs are some o...
GDR manipulation: Sebi levies Rs 10.75 crore fine on Aksh Optifibre, its directorsSebi noted that the company had issued 1.17 million GDRs worth $25 million in Sept 2010.
GDR manipulation: Sebi bans officials of Resurgere Mines and Minerals IndiaThe company had issued $5.21 million GDRs in June 2010 for raising USD 53.75 million.
GDR manipulation: Sebi levies Rs 16 cr fine on Sanraa Media, its 6 officialsThe order comes pursuant to an investigation conducted by Sebi in connection with several Indian companies that had issued GDRs in overseas...
HDFC Bank terminates, de-lists its GDRs from Luxembourg Stock ExchangeShares of HDFC Bank were trading 0.23 per cent lower at Rs 2,390.55 apiece on BSE.
Tata Group hospitality arm Indian Hotels delists GDRs from London Stock ExchangeThe company has also issued a notice to Citibank N.A for termination of the existing depository agreements of the GDRs, it added.
Indian Hotels to delist GDRs from London Stock ExchangeTata Group's hospitality arm Indian Hotels Co Ltd, which runs a chain of luxury hotels and resorts under the Taj brand, plans to delist its...
- Indian firms make highest contribution to Luxembourg Exchange
Majority of the Indian companies which have listed their GDRs are in construction, software and biotechnology sectors.
- JSW Steel to issue GDRs to JFE Steel; stock gains
Shares of JSW Steel gained momentum after the company announced that it will issue 3,085,814 GDRs to JFE Steel Corporation, Japan, on a pre...
- ET in the classroom: New rules treat GDRs/ADRs on par with shares
The GDRs and ADRs in themselves do not have voting rights, but the underlying equity shares do. These shares are held by a depository.
- Tata Steel raises $500 mn through GDRs
Tata Steel has raised $500 million through global depository receipts (GDRs) that will be listed on London Stock Exchange.
- Cos may get easier access to ADRs/GDRs
The government could provide statutory backing to issue and sponsorship of ADRs/GDRs by Indian companies, to make it easier for those plann...
- Reliance Comm GDRs debut on Luxembourg bourse at $5.82
Reliance Communications’ Global Depository Receipts (GDRs) listed on the Luxembourg stock exchange on Thursday at $5.82 per GDR. Upto 63.67...