Motilal Oswal
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Motilal Oswal
Business

Should India companies be allowed to list on IFSC stock exchanges in GIFT City?

Updated : January 16, 2019 10:11 AM IST

The committee has also identified policy issues in the existing legal framework in India, recommended modifications to facilitate such listing and provided a list of 10 foreign jurisdictions that may be suitable for direct listing of Indian companies.
However, it is to be noted that the report does not recommend allowing Indian companies to list directly on stock exchanges set up within the International Financial Services Centre (IFSC) in Gujarat International Financial Tec-City SEZ (GIFT City).
Should India companies be allowed to list on IFSC stock exchanges in GIFT City?
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