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IDRs to have 30% retail quota: Sebi

Posted on: September 23rd 2009 in Stock News.

Regulator also extends the concept of anchor investor to such issues. The Securities and Exchange Board of India (Sebi) on Thursday made Indian Depository Receipts (IDRs) more attractive by extending the concept of anchor investors to IDRs and mandating a 30 per cent quota for retail inve…

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