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Indian Depository Receipt(IDR) is afinancial instrumentdenominated inIndian Rupeesin the form of adepository receipt. The IDR is a specific Indian version of the similarglobal depository receipts (GDR) It is created by aDomestic Depository(custodian of securities registered with theSEBI) against the underlying equity of issuing company to enable foreign companies to raise funds from the Indian securities markets. The foreign company IDRs will deposit shares to an Indian depository. The depository would issue receipts to Indian investors against these shares. The benefit of the underlying shares (like bonus, dividends etc.) would accrue to thedepository receiptholders in India.
Who is the executive head of the State?
According to the Information Technology Act, 2000 addressee means_______________
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