Summary
The Companies (Listing of Equity Instruments in Permissible Jurisdictions) Amendment Rules, 2026 let CCDs and preference shares, not just equity, list on permitted foreign exchanges. Companies with negative net worth can now list if at least 75% of the net offer goes to QIBs, and the cooling-off after a cured loan default drops from two years to six months.
What it means for you
Startups and loss-making unlisted companies eyeing a GIFT IFSC or overseas listing should recheck eligibility and plan the instrument mix accordingly.
This summary is general information, not legal advice. The outcome of any case depends on its facts; read the source and take advice before acting.
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