[Last updated: 1 January 2024, unless otherwise noted]
A foreign issuer must appoint:
A depository in India to issue the receipts to the IDR holders.
A registrar to be responsible for maintaining the register of IDR holders.
A compliance officer based in India to be responsible for addressing investor grievances.
There are no other requirements on listed foreign companies to maintain a presence in India, and no further requirements to keep corporate records in India.