Rule 11 - Continuous Disclosure Requirements. - Companies (Issue of Indian Depository Receipts) Rules, 2004

Continuous Disclosure Requirements. 11. (i) The Issuing company shall furnish to the Overseas Custodian Bank and Domestic Depository, a certificate obtained by it from the statutory auditor of the company or a Chartered Accountant about utilization of funds and its variation from the projections of utilization of funds made in the prospectus, if any, in quarterly intervals and shall also publish it or cause to be published in one of the English language newspapers having wide circulation in India. (ii) The quarterly audited financial results should be prepared and published in newspapers in the manner specified by the listing conditions.