https://www.taxtmi.com/news?id=23306 IFSCA permits listing of Depository Receipts on GIFT IFSC exchanges by companies listed in FATF compliant jurisdictions, enabling capital raising through issuance and allowing DRs already listed elsewhere to be traded in GIFT IFSC without fresh public offerings. The framework prescribes essential disclosure requirements-financial statements, material or price-sensitive information, shareholding pattern, change of depository and corporate actions-while requiring continued compliance with home-jurisdiction corporate governance and disclosure obligations and mandating publication of home-jurisdiction disclosures to GIFT IFSC exchanges. en-us Wed, 28 Oct 2020 17:18:46 +0530 Wed, 28 Oct 2020 17:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23306 IFSCA permits listing of Depository Receipts on GIFT IFSC exchanges by companies listed in FATF compliant jurisdictions, enabling capital raising through issuance and allowing DRs already listed elsewhere to be traded in GIFT IFSC without fresh public offerings. The framework prescribes essential disclosure requirements-financial statements, material or price-sensitive information, shareholding pattern, change of depository and corporate actions-while requiring continued compliance with home-jurisdiction corporate governance and disclosure obligations and mandating publication of home-jurisdiction disclosures to GIFT IFSC exchanges. News - Wed, 28 Oct 2020 17:18:46 +0530 https://www.taxtmi.com/news?id=23306