You are here » Home » Companies » Standard Chartered PLC - Announcements

Standard Chartered PLC.

BSE: 580001 Sector: Financials
NSE: STAN ISIN Code: N.A.
BSE 13:46 | 20 Jan 59.05 -1.30
(-2.15%)
OPEN

59.05

HIGH

59.05

LOW

59.05

NSE 13:18 | 20 Jan 60.15 -0.10
(-0.17%)
OPEN

60.15

HIGH

60.15

LOW

60.15

Redemption Results Of Idrs Of Standard Chartered PLC (The Company) For Month Of Nov 2019

December 3, 2019, 10:28 am | Source: BSE | Downlaod PDFDownload PDF

With reference to Regulation 76(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and Annexure II of circular no. CIR/CFD/CMD/9/2015 dated November 4 2015 issued by the Securities and Exchange Board of India in relation to two-way fungibility of IDRs the Company has provided the option of redemption of all outstanding IDRs into ordinary shares of the Company (Shares) on a continuous basis from March 1 2016.

Based on the valid withdrawal order received from the IDR holder and in accordance with the process laid down in the updated operating guidelines the Company has redeemed IDRs 212190 (aggregating to 0.0884125% of the originally issued IDRs) during November 2019.

The number of outstanding IDRs as on November 30 2019 is 8026730 IDRs. The headroom available for conversion from Shares into IDRs as on November 30 2019 is 229572070 IDRs.

We request you to kindly take note of the above.