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Expert Committee for startups - SEBI
June 15 , 2018
2147 days
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- The market regulator Securities and Exchange Board of India (Sebi) has constituted an expert committee to make listings of startups attractive.
- It will recommend a suitable framework to allow direct listing of Indian companies’ overseas bourses while also allowing overseas companies to list directly on Indian bourses.
- Currently, Indian companies can only use the depository receipts route – Global Depository Receipts (GDR) or American Depository Receipts (ADR) – to list on the overseas exchanges.
- Similarly, foreign companies can access Indian capital markets only through Indian Depository Receipts (IDRP) for a listing of equities.
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