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:
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
