Deutsche Bank Appointed as Depositary Bank for the Luxembourg Stock Exchange-Listed Regulation S Global Depositary Recei
Topic 1 Business WireDeutsche Bank Appointed as Depositary Bank for the Luxembourg Stock Exchange-Listed Regulation S Global Depositary Receipt Program of Indiabulls Financial Services Limited March 3, 2005 ThursdayDeutsche Bank today announced its appointment as depositary bank for the Luxembourg Stock Exchange-listed Regulation S Global Depositary Receipt (GDR) program of Indiabulls Financial Services Limited (Indiabulls).Indiabulls is a diversified financial services company which provides brokerage services for equities, derivatives and fixed income securities. The company also provides depositary services for listed shares, equity research services, insurance distribution and other non-banking financial services.Akbar Poonawala, Head of Global Equity Services at Deutsche Bank said, "We are pleased that Indiabulls has chosen Deutsche Bank as its depositary bank. We look forward to servicing Indiabulls' GDRs and the company's international investors."
