How to benefit from cross-border listing

The expert committee for cross listing submitted its report to Securities and Exchange Board of India (Sebi) in December. Cross-listing is when equity shares of companies incorporated in a country (India) are listed directly on foreign stock exchanges or of companies incorporated outside India, on Indian stock exchanges. For the record, a direct listing is legally and technically different from depository receipts that are currently listed.   This is less straightforward than it appears. First, which are the jurisdictions that Indian shares can be listed? Given the reciprocity involved,.....

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