The Securities and Exchange Board of India (SEBI) has finalized and issued the Companies (Issue of Global Depositories Receipts) Rules, 2014. This comprehensive set of rules governs the process, eligibility, and compliance requirements for Indian public companies looking to issue Global Depository Receipts (GDRs) to raise capital from international markets. The rules likely detail aspects such as disclosure obligations, listing requirements, and the role of intermediaries.

Public companies intending to issue GDRs must now adhere to these specific rules. Compliance officers should familiarize themselves with the detailed provisions to ensure all requirements related to the issuance, listing, and ongoing reporting of GDRs are met. While no specific compliance deadline is mentioned beyond the effective date of the rules, adherence is mandatory for any company undertaking such an issuance.