India, Nov. 6 -- Providing more leeway for raising funds, Indian companies can now list their convertible debentures and preference shares apart from equity shares on international exchanges in the GIFT City, with the Government easing the norms. Also, unlisted public companies as well as those having a negative net worth have been permitted for overseas listing, subject to certain conditions.

The corporate affairs ministry, on November 3, notified the Companies (Listing of Equity Instruments in Permissible Jurisdictions) Amendment Rules, 2026. The changes would provide more flexibility for Indian companies to raise funds from overseas capital markets. Anjali Malhotra, Associate Partner - Regulatory at consultancy Nangia Global said the ...