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Can the terms and conditions of the IDRs be altered?

altered Conditions idrs terms
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Can the terms and conditions of the IDRs be altered?

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All and any of the terms and conditions of the Deposit Agreement may, at any time, and from time to time, be amended by written agreement between the Company and the Depository, provided that any approval of such regulatory authority as may be required in India, the United Kingdom or Hong Kong which is deemed necessary or desirable is first obtained. Notice of any such amendment will be given to IDR Holders. Any amendment which increases or imposes fees or charges payable by IDR Holders or which is otherwise materially prejudicial to IDR Holders (as a class) will not become effective until three months after such notice is given to IDR Holders. During this three month period, IDR Holders may withdraw the Deposited Shares represented by their IDRs free of charge but otherwise in accordance with the Conditions. However, please refer above for certain restrictions that apply to the withdrawal of Shares by IDR Holders. Any IDR Holder who does not withdraw the Deposited Shares during this t

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