Direct international listing of equity shares permits eligible Indian public companies and existing shareholders to access specified overseas exchanges. Direct listing of equity shares permits public Indian companies to issue shares, and existing shareholders to offer shares, on specified international ... Summary
Direct international listing of equity shares permits eligible Indian public companies and existing shareholders to access specified overseas exchanges.
Direct listing of equity shares permits public Indian companies to issue shares, and existing shareholders to offer shares, on specified international exchanges subject to sectoral caps, prohibited-activity restrictions, dematerialisation, pari passu ranking, and required approvals. Eligible issuers and sellers must not be subject to capital-market debarment, wilful-default status, investigation, or fugitive-economic-offender restrictions. Foreign holding limits, direct voting by permissible holders, applicable securities and foreign-exchange compliance, and prescribed pricing requirements apply.
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