Question
a.
By directly offering ADR/GDR to foreign investors
b.
By submitting shares to a domestic custodian bank
c.
By offering resident shareholders the option to submit shares for ADR/GDR issuance
d.
By obtaining approval from the Ministry of Finance
Posted under IC 89 Management Accounting
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Q. How can an Indian company issue ADR/GDR through the sponsor mechanism?
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