Can IDRs overcome Sebi ruling
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Can IDRs overcome Sebi ruling

The future of Indian Depository Receipts (IDRs) as a viable instrument for investors was shaken this year when the Securities and Exchange Board of India (Sebi) decided on the conditions under which IDRs could be redeemed. Practitioners have since offered mixed thoughts on the future of this instrument, with many market observers expressing concern over the vitality of the IDR market in India

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