A holder of depository receipts GDR shall have right to vote ........

Companies Act-Phase (I & II) Prospectus

A holder of depository receipts (GDR) shall have right to vote:

At par with other equity shareholders of the company

Through overseas depository in accordance with the agreement between company, depository and holder of depository receipts

No right to vote

Only on resolution directly affecting them

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Explanation:

As per Companies (Issue of Global Depository Receipts) Rules, 2014, A holder of depository receipts (GDR) shall have right to vote through overseas depository in accordance with the agreement between company, depository and holder of depository receipts