India: Listing Rules & Flotation

GIFT IFSC, India's first international financial services centre, continues its rapid evolution as a globally competitive financial hub under the unified regulation of IFSCA. Recent developments span critical regulatory frameworks for capital raising, aircraft leasing SPVs, cybersecurity mandates for market infrastructure, pension fund regulations, and landmark approvals including India's first foreign family office registration.

In September 2025, the Adani Group successfully completed its agnipariksha (trial by fire) triggered by the Hindenburg report, with the Securities and Exchange Board of India ("SEBI") giving the Adani Group a clean chit in respect of the various allegations raised in the report.

On January 24, 2024, the Ministry of Finance ("MoF") in exercise of the powers conferred under Section 46(2)(aa) and Section 46(2)(ab) of the Foreign Exchange Management Act...

The Securities and Exchange Board of India has introduced a rather novel but somewhat contentious interpretation of Regulation 37 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Earlier this year, SEBI amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to structure the unregulated compensation and profit sharing arrangements/agreements ...

Indian Energy Exchange Limited (IEX) made its debut on the stock market through an offer for sale by its existing shareholders.

The objective behind such tightening of the compliances was due to the leaking of selective information by the entities that to through media without informing the investors first.

The initiative to allow unlisted companies to list on offshore markets through the depository receipt mechanism is a major shot in the arm for many sectors.

The rigid rules framed by Securities Exchange Board of India for listing the securities in the bourses have been relaxed.