Govt allows unlisted firms to directly list abroad New Delhi, - TopicsExpress

Govt allows unlisted firms to directly list abroad New Delhi, Sept 27 Faced with high current account deficit (CAD), the government today allowed unlisted companies to directly list on stock exchanges abroad to raise funds for acquisitions or retiring debts. As of now, unlisted companies are not allowed to directly list in overseas markets without prior or simultaneous listing in Indian markets.

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