Participation by Overseas Corporate Bodies ("OCBs") in the limited two-way fungibility of ADRs/GDRs.

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..... dians Dear Sir/Madam, DEPOSITORIES AND CUSTODIANS DIVISION --- CIRCULAR NO. 10 Sub: Participation by Overseas Corporate Bodies ( OCBs ) in the limited two-way fungibility of ADRs/GDRs. Please refer to the Operative Guidelines for the two-way fungibility under the issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depository Receipt Mecha .....

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..... E CENTRAL OFFICE BUILDING MUMBAI 400 001 Ref. No. EC. CO.FID(I) 1118/10.1.02.05.01/2002-03 26 Aug. 2002 Shri Piyoosh Gupta General Manager, FII Division, Securities Exchange Board of India, Mittal Court, B Wing, 224, Nariman Point, Mumbai 400 021. Dear Sir, Participation b .....

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