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Custodians For ADR/ GDR Issues

ICICI Bank is a custodian to the largest number of ADR/ GDR issuance from India. We are actively involved in committee instituted by regulators for policy formulation and operative guidelines on two-way fungibility.
Services offered:
  • Delivery and settlement of underlying shares upon cancellation of ADR/ GDR
  • Re-issuance of ADR/ GDR
  • Reporting of corporate benefit entitlements in cash or kind

Our Core Strengths

  • SWIFT based information exchange system
  • Local custodians for majority of actively traded ADR/ GDR issues by the Indian companies facilitating instant credit of underlying shares into Custodial account in India
  • Quick head room information
  • Quick processing of cancellation and re-issuance requests through fully integrated and automated systems