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Sebi panel proposes direct listing of Indian companies on foreign bourses

Updated : December 04, 2018 14:39:53 IST

Currently, Indian companies can list their shares through depository receipts abroad, while foreign companies need to go through the Indian Depository Receipt route for listing of equities.
In its 26-page report, the committee has suggested for direct listing of Indian companies overseas and vice versa. It has recommended that the framework should allow listing only on specified stock exchanges in 'Permissible Jurisdictions'.
The Securities and Exchange Board of India (Sebi) has sought comments from public till December 24 on the recommendations of the committee.
Sebi panel proposes direct listing of Indian companies on foreign bourses
Published : December 04, 2018 02:39 PM IST

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