Indian Public Companies can now List directly on GIFT IFSC Exchanges: Finance Ministry Amends Securities Contracts Rules

The Finance Ministry of India has amended the Securities Contracts (Regulation) Rules, allowing Indian public companies to list directly on the GIFT International Financial Services Centre (IFSC) exchanges. This move aims to enhance the accessibility and attractiveness of the GIFT IFSC as a global financial hub. The amendment enables Indian companies to raise capital globally while being listed on a domestic exchange, thus providing them with greater flexibility and access to international investors. The change is part of broader efforts to position the GIFT IFSC as a competitive global financial services center.