Regulation 100 - Fungibility
Effective from 26-08-2009
The Indian depository Receipts shall not be automatically fungible into underlying equity shares of issuing company.
Substituted vide SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2013, w.e.f. 27.02.2013. To view the notification,Click Here
SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2013, w.e.f. 27.02.2013.