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Retail investors now eligible for IDRs

BS Reporter  |  Mumbai 

Retail investors now eligible for IDRs
BS Reporter / Mumbai November 29, 2007
In a move to kick start the much-anticipated Indian Depository Receipts (IDR) norms, the Securities and Exchange Board of India (Sebi) today amended rules to allow such offerings to all category of investors including the Indian retail investors.

Sebi also reduced the minimum application value in IDR from the existing Rs 200,000 to Rs 20,000

First Published: Thu, November 29 2007. 20:05 IST
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