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    • StanC not to undertake rights issue of IDRs on impediments

    • SEBI asks cos to keep IPO funds in banks till utilisation

    • StanChart rises 3%,to redeem 6 cr IDRs into shares

    • Budget Reactions: Capital mkt proposals to deepen reforms, says KPMG

      The capital market reforms are encouraging measures to aimed at deepening market, says KPMG.

    • Sebi ruling on StanChart IDR may pave way for conversion

      Sebi on Friday ruled that StanChart need not convert the IDRs into underlying shares (listed on the LSE) after the one-year lock-in that ends this week. Sebi seems to have taken the view that there is enough liquidity in the IDRs and so the company need not redeem the IDRs

    • Hope regulators will evolve structure for IDRs: StanChart

      UK's Standard Chartered Bank, which is the first and only foreign lender to issue Indian depository receipts, will not be required to convert their IDRs into shares as per the guidelines issued by the Sebi. Talking about the issue, StanChart's group chief executive, Jaspal Bindra said the convertibility was subject to regulations.

    • SEBI Issues framework for IDR redemption

      A year after the listing India’s first depository receipt, the Securities Exchange Board of India (SEBI) are coming out with further guidelines. In a released a circular on Friday, regulators have allowed redemption of illiquid Indian Depository Receipts (IDRs), reports CNBC-TV18’s Gopika Gopakumar.

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