Presence in the jurisdiction
Presence in the jurisdiction

[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.