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Standard Chartered IDRs tumble on new SEBI norm

  • 2:18
  • Published On: June 06, 2011
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Standard Chartered bank’s Indian depository receipts (IDRs) that listed on the stock exchanges on June 11 last year took a beating on the bourses after market regulator Sebi said that the IDRs could not be converted into shares of the foreign company even after one year of listing.

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