SEBI seeks Comments on Report for Listing of Equity Shares of Companies incorporated in India on Foreign Stock Exchanges and Vice Versa

The Securities and Exchange Board of India (SEBI) had constituted the ‘Expert Committee for listing of equity shares of companies incorporated in India on foreign stock exchanges and of companies incorporated outside India on Indian stock exchanges’ on June 12, 2018, with a view to facilitating companies incorporated in India to directly list their equity shares on foreign stock exchanges and companies incorporated outside India to list on Indian stock exchanges, in view, particularly, of the ongoing evolution and internationalization of capital markets across the globe.

 The Committee on examining in detail the economic case for permitting direct listing of Indian companies overseas and vice versa; and examining various legal, operational and regulatory constraints in facilitating companies incorporated in India to directly list their equity share capital abroad and vice versa has made recommendations for a suitable framework in which to facilitate such direct listing and submitted its report to SEBI on December 4, 2018. A copy of the report can be found at the following link: https://www.sebi.gov.in/reports/reports/dec-2018/report-of-the-expert-committee-for-listing-of-equity-shares-of-companies-incorporated-in-india-on-foreign-stock-exchanges-and-of-companies-incorporated-outside-india-on-indian-stock-exchange_41219.html

Comments are sought from the public on the aforesaid report in the following format:

 Name of the person/entity:

Sr. No.

Recommendation in  the report to which the comment pertains

Comment

Rationale for the comment

 

 

 

 

 

Comments may kindly be sent by email to Mr. Deep Mani Shah, DGM at deepmanis@sebi.gov.in,   Mr. Anjan Patel, AGM at anjanp@sebi.gov.in and Mr. Prateek Arora, Manager at prateeka@sebi.gov.in no later than December 24, 2018.

[PR No.: 50/2018]

URL: https://www.sebi.gov.in/media/press-releases/dec-2018/submission-of-report-of-the-expert-committee-for-listing-of-equity-shares-of-companies-incorporated-in-india-on-foreign-stock-exchanges-and-vice-versa_41220.html