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What is Understanding ADR/GDR: Benefits & Types about?

This document provides information on American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). It discusses the history of ADRs/GDRs in India, what they are, the reasons for and benefits of issuing them. It describes the types of ADR programs (Level I, II and III), the establishment process, roles and responsibilities of parties involved, and guidelines for Indian companies issuing ADRs/GDRs. Case studies of Satyam Computers and Reliance Energy issuing ADRs are also summarized.

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uploaderscribd

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EN