Other Relevant Provisions :

The Regulations further provide that:

• The rights offering must include a right exercisable by the person concerned to renounce the IDRs offered in favour of any other person subject to applicable laws;

• If an issuer withdraws the rights issue after announcing the record date, he is restricted from making an application for offering of IDRs on a rights basis for a period of 12 (Twelve) months from the said record date;
• A rights issue shall be open for subscription for a period as applicable under the laws of its home country but in no case less than 10 (Ten) days;
• Issuer shall utilize funds raised in relation to the IDRs pursuant to the rights offering only upon completion of the allotment process.