It looks to be more of a policy intent till the time regulatory amendments are not announced, say legal experts MUMBAI : The government’s policy intent to allow Indian companies to list overseas without simultaneous India listing can open up avenues for tech and other companies to raise funds but would be a non-starter without the necessary regulatory clarifications, legal experts said.
Historically, due to the existing legal framework, Indian entities have used offshore routes like Mauritius to list on overseas exchanges like NASDAQ and NYSE by creating parent companies or subsidiaries in such tax-friendly jurisdictions.