ISSUE OF FOREIGN CURRENCY CONVERTIBLE BONDS AND ORDINARY SHARES (THROUGH DEPOSITORY RECEIPT MECHANISM) (AMENDMENT) SCHEME, 2014

NOTIFICATION NO. GSR 282(E) [F.NO.4/13/2012-ECB.], DATED 15-4-2014

Central Government hereby amend the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993, namely:—

1. This Scheme may be called the issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) (Amendment) Scheme, 2014.

2. The Scheme shall be deemed to have come into force from the date of publication of Notification; and

3. In the Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993:

In Paragraph 3(1)(B)(b) the words “They shall comply with SEBI’s disclosure requirements in addition to that of the primary exchange prior to the listing abroad” shall be substituted by the words “They shall comply with SEBI’s disclosure requirements when they apply for listing in India”.