TMI BlogAmendment in Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993X X X X Extracts X X X X X X X X Extracts X X X X ..... sm) Scheme, 1993 , namely: 1. This Scheme may be called the issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) (Amendment) Scheme, 2013. 2. The Scheme shall be deemed to have come into force from the date of publication of Notification; and 3. In the " Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mecha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h SEBI's disclosure requirements in addition to that of the primary exchange prior to the listing abroad; c. While raising resources abroad, the listing company shall be fully compliant with the FDI Policy in force; d. capital raised abroad may be utilised for retiring outstanding overseas debt or for operations abroad including for acquisitions; e. In case the funds raised are not utilised ..... X X X X Extracts X X X X X X X X Extracts X X X X
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