Indian Hotels delists GDRs from London Stock Exchange
Consequently, the company has also issued a notice to Citibank N.A for termination of the existing depository agreements of the GDRs, it added.
Jun 30, 2015, 16:51 PM ISTIndian Hotels to delist GDRs from London Stock Exchange
Tata Group's hospitality arm Indian Hotels Co Ltd, which runs a chain of luxury hotels and resorts under the Taj brand, plans to delist its Global Depository Receipts (GDRs) from London Stock Exchange, two decades after it started trading on the bourse.
May 21, 2015, 21:26 PM ISTVideocon Industries to raise $45.21 million through GDRs
Global Depository Receipts is a financial instrument used to raise capital overseas.
Dec 22, 2014, 17:18 PM IST