September 24, 2026

Submitted By: Prashant

Return to be filed by an Indian company who has arranged issue of GDR/ADR

Annexure 'C' is a statutory compliance return required by the Reserve Bank of India (RBI) for Indian companies issuing American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs). It serves as an official reporting mechanism to outline the complete profile of the offshore equity offering, including the company's predominant industry classification (NIC code) and the specific deployment of raised funds. The form captures critical details regarding key intermediaries such as overseas depositories, lead merchant bankers, and domestic Indian custodian banks. It also details the company’s capital structure before and after the issue, tracking shareholding distribution across resident and non-resident investors. Additionally, it records core transaction mechanics like ADR/GDR-to-share ratios, listing exchanges, issue expenses, and regulatory clearances. The filing requires official certification by both an authorized company representative and a Chartered Accountant to verify total compliance with RBI and Government of India guidelines.