Listing & trading unsponsored DRs in the IFSC
The NSE IFSC has proposed this scheme under the regulatory sandbox of the IFSCA. By Sandeep Parekh & Mihir Deshmukh The International Financial Services Centre Authority (IFSCA) recently issued a circular providing the framework for listing of depository receipts in the Gujarat International Finance Tec-City IFSC that was promptly adopted by INDIA INX and NSE IFSC, the two stock exchanges…
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