Centre eases overseas-listing rules for companies with negative net worth

New Delhi, Nov 5 (UNI) The central government has amended the rules for Indian public companies listing on stock exchanges in permissible jurisdictions. A company with negative net worth can now issue equity instruments for listing if it undertakes to allot at least 75 per cent of the net offer to qualified institutional buyers. The Ministry of Corporate Affairs notified the Companies (Listing of Equity Instruments in Permissible Jurisdictions) Amendment Rules, 2026. The rules came into force on publication in the Gazette. Under the 2024 rules, a company with negative net worth was ineligible. The amendment adds a proviso to…