abhishreshthaa
Abhijeet S
Headroom
Headroom is the extent to which the DRs can be issued under the Two-way Fungibility.
Headroom= No.of DRs originally issued
- No.of DRs currently O/s
- DRs redeemed into underlying shares & regd in the name of the NR investor
Original Issuance 15 mn DRs
Cancellations 05 mn DRs
O/s 10 mn DRs
Cancelled, but underlying
shares not sold 01 mn DRs
Headroom (15-10-1) 04 mn DRs
Headroom is the extent to which the DRs can be issued under the Two-way Fungibility.
Headroom= No.of DRs originally issued
- No.of DRs currently O/s
- DRs redeemed into underlying shares & regd in the name of the NR investor
Original Issuance 15 mn DRs
Cancellations 05 mn DRs
O/s 10 mn DRs
Cancelled, but underlying
shares not sold 01 mn DRs
Headroom (15-10-1) 04 mn DRs