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In a ceremony held in the Gujarat International Finance Tec (GIFT) City on June 1, 2022, the Luxembourg Stock Exchange (LuxSE) and the India International Exchange (IFSC) Limited (India INX) joined together to sign a cooperation agreement through which the two exchanges will enhance the visibility of listed Indian securities towards international investors by facilitating admission of such securities on LuxSE.
The agreement builds on the Memorandum of Understanding signed by the two institutions in November 2020, which placed a specific focus on advancing green finance in India. Announcement marks the next important step undertaken by the two international exchanges to bridge the gap between India and international capital markets and strengthen cross-border...
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