Global Depository Receipt (GDR) definition

Global Depository Receipt (GDR) means a security issued by a bank or a depository outside India against underlying rupee shares of a company incorporated in India;
Global Depository Receipt (GDR) means any instrument in the form of a depository receipt, by whatever name called, created by a foreign depository outside India and authorised by a company making an issue of such depository receipts;
Global Depository Receipt (GDR) means any instrument in the form of a deposit receipt, by whatever name called created by a foreign depository outside

More Definitions of Global Depository Receipt (GDR)

Global Depository Receipt (GDR) means any instrument in the form of a deposit receipt, by whatever name called created by a foreign depository outside Indian and authorized by a company making an issue of such depository receipts. (Clause 2(44))