The International Financial Services Centres Authority (IFSCA) on March 06, 2026, issued consultation paper on the regulatory framework for rights issues by listed entities in the IFSC.
The objective of this consultation paper is to seek comments / views from public on the proposed regulatory framework for rights issue by listed entities on the recognised stock exchanges in the IFSC. These are issuers that have made their primary issuance in the IFSC.
The IFSCA (Listing) Regulations, 2024 provides the regulatory framework for issue and listing of various financial products, including specified securities, debt securities and other financial products on recognised stock exchanges in international financial services centres in India.
Regulation 57 of the Listing Regulations inter alia provide an enabling framework for specifying detailed norms by IFSCA for rights issue, as follows: “A Listed Entity may make rights issues, preferential issues or qualified institutions placement of specified securities, subject to compliance with the requirements that may be specified by the Authority.”
Kindly find the detailed paper attached to the document below.
