New Delhi, March 10 -- XED Executive Development, which initiated an initial public offering (IPO), has moved the opening date of its public offering to March 16, 2026. The IPO will now be concluded on March 24, 2026. The launch signifies a significant milestone as it is the first IPO to be initiated from GIFT City, India's International Financial Services Centre.

The company announced that it decided to delay the previously scheduled March 6 launch because of the current uncertainties in the Gulf region. It also noted that the updated timeline has been approved by the relevant authorities at the IFSC and the listing exchanges.

John Kallelil, Founder and Managing Director, XED, said, "In view of recent geopolitical developments, we have...