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of <h1>Domestic and foreign companies must follow specific regulations to raise capital in non-Indian Rupee currency within an IFSC.</h1> Domestic companies seeking to raise capital in a currency other than the Indian Rupee within an International Financial Services Centre (IFSC) must adhere to the Foreign Currency Depository Receipts Scheme, 2014. Foreign companies aiming to raise capital in a non-Indian Rupee currency in an IFSC must comply with the Companies Act, 2013, and applicable provisions of the Securities and Exchange Board of India (SEBI) (Issue of Capital and Disclosure Requirements) Regulations, 2009, as if the securities are issued under Chapter X and XA of these regulations.
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