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प्रश्न
Explain the disadvantages of Global Depository Receipts (GDRs).
उत्तर
- A GDR issue dilutes earnings.
- Pricing of GDRs are expected to be at a discount to the local market price.
- In India, GDR issues have an uneven track record for international investors.
The Government of India has guidelines for issuing GDRs and ADRs. These guidelines are titled "Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mechanism) Scheme 1993," dated 12.11.1993.
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संबंधित प्रश्न
Write a word / term/ phrase which can substitute the following statement.
Depository Receipt traded in the countries other than the U.S.A.
The organisation which acts as intermediary between investors and depository.
Write short notes on Global Depository Receipt :
Depository Act was passed in _______.
An acknowledgement of the deposit accepted by a company.
Acceptance of deposit
The depository participant has _______ number for identification.
Write Short Note on:
Depository.
Give the full form of GDRs.
Explain the role of GDRs as sources of finance for Indian industries.
