The Ministry of Finance has amended Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and notified the ‘Direct Listing of Equity Shares of Companies Incorporated in India on International Exchanges Scheme.’ The Ministry of Corporate Affairs has also notified Companies (Listing of Equity Shares in Permissible Jurisdictions) Rules, 2024. These, together, provide an overarching regulatory framework to enable public Indian companies to issue and list their shares in permitted international exchanges.