Issue of Foreign Currency Convertible Bonds and Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993

v SHORT TITLE AND COMMENCEMENT.

v DEFINITIONS.

v ELIGIBILITY FOR ISSUE OF CONVERTIBLE BONDS OR ORDINARY SHARES OF ISSUING COMPANY.

v ISSUE OF GLOBAL DEPOSITARY RECEIPTS.

v LIMITS OF FOREIGN INVESTMENT IN THE ISSUING COMPANY.

v ISSUE STRUCTURE OF THE GLOBAL DEPOSITARY RECEIPTS.

v LISTING OF THE GLOBAL DEPOSITARY RECEIPTS.

v TRANSFER AND REDEMPTION.

v TAXATION ON FOREIGN CURRENCY CONVERTIBLE BONDS.

v TAXATION ON SHARES ISSUED UNDER GLOBAL DEPOSITARY RECEIPT MECHANISM.

v APPLICATION OF AVOIDANCE OF DOUBLE TAXATION AGREEMENT IN CASE OF GLOBAL DEPOSITARY RECEIPTS.

v GIFT-TAX AND WEALTH-TAX.

v ADDITIONAL INFORMATION TO BE FILED BY COMPANIES APPLYING FOR
PERMISSION TO FLOAT GLOBAL ISSUES

v FORMAT OF APPROVAL FOR FINALISING THE ISSUE STRUCTURE

v INDICATIVE ITEMS OF FINAL APPROVAL FOR FOREIGN CURRENCY CONVERTIBLE BOND ISSUES

v INDICATIVE ITEMS IN THE FINAL APPROVAL FOR EURO-EQUITY ISSUES THROUGH GDR MECHANISM