Depository receipt

Depository receipt

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The funds could be raised either through a follow-on public issue, qualified institutional placement, rights issue, private placement, Global Depository Receipt, American Depository Receipt or a combination of these.
A depository receipt trades on a stock exchange, but a custodian (a bank) in the foreign country holds the actual shares.
RBI informed that the foreign shareholding through foreign institutional investors (FIIs) / non-resident Indians (NRIs) / persons of Indian origin (PIOs) / foreign direct investment (FDI) / American depository receipt (ADR) / global depository receipts (GDRs) in The South Indian Bank Limited have gone below the prescribed threshold caution limit stipulated under the extant FDI policy.
The minimum investment is one depository receipt at the current share price of [pounds sterling]58.
Orascom Construction Industries (OCI), Egypt's biggest listed firm, said on Tuesday it has launched an American Depository Receipt (ADR) program to meet growing demand in the United States.
Orascom Construction Industries (OCI), Egypt's biggest listed firm, said it has launched an American Depository Receipt (ADR) programme to meet growing demand in the United States.
48 per Global Depository Receipt (Representing 25,000,000 Equity Shares of Rs.
A depository receipt is a foreign currency-denominated fund-raising instrument.
Trafalgar House PLC can be traded on the NYSE by the American Depository Receipt (ADR) system through Morgan Guaranty Trust.
MOSCOW -- Wimm-Bill-Dann Foods OJSC [NYSE: WBD] announced that the Company intends to complete a one-to-four Depository Receipt split on November 16, 2009.
BNY Mellon has been chosen to be the depository bank for QIWI's proposed American depository receipt (ADR) programme.
Each Depository Receipt represents a beneficial ownership of one-tenth of a Class A Partnership Unit.

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