India notifies Rules to Facilitate Direct Listing of Shares of Indian Companies on Foreign Stock Exchanges

The Indian Government has today notified The Foreign Exchange Management (Non debt Instruments) Amendment Rules, 2024 (Amendment Rules) prescribing provisions pertaining to direct listing of shares of Indian companies on the stock exchanges outside India.

The Amendment Rules have come into force from today when these have been published in the Official Gazette. 

The Amendment Rules can be accessed at:

https://egazette.gov.in/WriteReadData/2024/251577.pdf