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What is the procedure to be followed for acquisition by way of share swap arrangement for a company, which does not conform, to the ADR/GDR stock swap scheme?

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What is the procedure to be followed for acquisition by way of share swap arrangement for a company, which does not conform, to the ADR/GDR stock swap scheme?

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• The company will have to make an application to the Reserve Bank of India in form ODI along with necessary documents under the Normal Route.

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