Govt allows direct listing of Indian cos on international exchanges of GIFT IFSC

The government on Wednesday permitted the direct listing of securities by Indian companies on international exchanges of GIFT IFSC to boost foreign investments. The Department of Economic Affairs (DEA) in the Ministry of Finance has amended Foreign Exchange Management (Non-debt Instruments) Rules and notified the ‘Direct Listing of Equity Shares of Companies Incorporated in India on International Exchanges Scheme’.

Also, the Ministry of Corporate Affairs (MCA) has issued Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024.

Read more

You may also like

More in IT

Comments are closed.