The Depository Receipts Scheme, 2014 was notified by the Government of India on 21st October, 2014 with a view to providing a comprehensive framework for the issue and listing of Depository Receipts (DRs) by Indian companies. The Scheme enables Indian companies to raise capital from permissible jurisdictions abroad, against eligible securities, through instruments such as American Depository Receipts (ADRs) and Global Depository Receipts (GDRs).
Gazette Notification dated 21.10.2014
