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- Reserve Bank has notified amendments to the FEMA regulations for listing an Indian company on international stock exchanges.
- These new regulations will help companies to utilise foreign exchange more effectively.
- The first set of regulations is related to the mode of payment and reporting of non-debt instruments.
- The second set of regulations is related to foreign currency accounts by a person resident in India.
- In January, the government has permitted the direct listing of securities by Indian companies on international exchanges of GIFT IFSC.
- The Ministry of Corporate Affairs (MCA) has issued Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024.
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