The Indian government has paved the way for Indian companies to directly list on overseas exchanges by permitting direct listing at GIFT-IFSC exchanges. This move, under the “direct listing of equity shares of companies incorporated in India on international exchanges scheme,” enables unlisted public Indian companies, particularly startups and those in technology sectors, to list shares globally. The initiative aims to enhance valuation, attract foreign investment, and provide growth opportunities. Public Indian companies can now access both domestic and international markets, raising capital in both rupees and foreign currency. The listing process will occur on India International Exchange and NSE IFSC Limited, offering foreign investors business-friendly conditions and tax incentives.
Indian Companies Granted Access to Global Exchanges: Government’s Milestone Decision
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