Arrange the following steps in the process of GDR Issues:
(A) Registration with prescribed authority
(B) Appointment and vesting of shares with the custodian
(C) Approval of the regulatory authorities
(D) Listing of GDR
(E) GDR allotment
Choose the correct answer from the options given below:
1
(C), (A), (B), (E), (D)
2
(A), (B), (C), (D), (E)
3
(A). (C), (B), (E), (D)
4
(B), (A), (C), (D), (E)