Enumenate the advantages of GDRS

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#1

(a) GDR issues enchances the image of issuing company in international market.
(b) Raising funds through GDRs from international market is less costly due to less formalities as compared to domestic issues.
© GDR issues shareholders base and helps in tapping international capital for domestic users.
(d) The market of GDR is more liquid and reduces
foreign exchange risk as GDR in generally denominated in US dollars.