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Core Purpose

This notification introduces the International Financial Services Centres Authority (Listing) (Amendment) Regulations, 2025, to further amend the International Financial Services Centres Authority (Listing) Regulations, 2024.

Detailed Summary

The International Financial Services Centres Authority (IFSCA) issued the International Financial Services Centres Authority (Listing) (Amendment) Regulations, 2025, on October 13, 2025, which were published on October 14, 2025. These regulations, enacted under the powers conferred by sub-section (1) of Section 28 read with sub-section (1) of Section 12 and sub-section (1) of Section 13 of the International Financial Services Centres Authority Act, 2019 (50 of 2019), and Section 30, Section 11A and Section 28C of the Securities and Exchange Board of India Act, 1992 (15 of 1992), amend the International Financial Services Centres Authority (Listing) Regulations, 2024. Key amendments include substituting 'one hundred and thirty five' with 'one hundred and eighty' in sub-regulation (8) of regulation 16, and replacing 'five' with 'eight' in sub-regulation (2) of regulation 25, sub-regulation (3) of regulation 52, and regulation 65. Furthermore, sub-regulation (2) of regulation 96 and sub-regulation (2) of regulation 107 are substituted, mandating that a Listed Entity shall disclose its financial statements for the first half of the financial year to recognized stock exchange(s) immediately after board approval, but no later than forty-five days after the end of the first half year. The regulations came into force on the date of their publication in the Official Gazette.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-GJ-E-16102025-266968 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 674] NEW DELHI, TUESDAY, OCTOBER 14, 2025/ASVINA 22, 1947 INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 13th October, 2025 International Financial Services Centres Authority (Listing) (Amendment) Regulations, 2025 F. No. IFSCA/GN/2025/011.—In exercise of the powers conferred by sub-section (1) of Section 28 read with sub-section (1) of Section 12 and sub-section (1) of Section 13 of the International Financial Services Centres Authority Act, 2019 (50 of 2019), read with Section 30, Section 11A and Section 28C of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the International Financial Services Centres Authority hereby makes the following regulations, further to amend the International Financial Services Centres Authority (Listing) Regulations, 2024 (hereinafter referred to as the principal regulations), namely:- 1. (1) These regulations may be called the International Financial Services Centres Authority (Listing) (Amendment) Regulations, 2025. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In sub-regulation (8) of regulation 16 of the principal regulations, for the words “one hundred and thirty five", the words "one hundred and eighty" shall be substituted. 3. In sub-regulation (2) of regulation 25 of the principal regulations, for the word "five", the word "eight" shall be substituted. 4. In sub-regulation (3) of regulation 52 of the principal regulations, for the word “five”, the word "eight" shall be substituted. 5. In regulation 65 of the principal regulations, for the word "five", the word "eight” shall be substituted. 6. In regulation 96 of the principal regulations, for sub-regulation (2) the following sub-regulation shall be substituted, namely:- "(2) The Listed Entity shall disclose its financial statements for first half of the financial year to the recognised stock exchange(s) immediately after the approval of its board of directors, but in any event not later than forty five days after the end of first half year." 7. In regulation 107 of the principal regulations, for sub-regulation (2) the following sub-regulation shall be substituted, namely:- "(2) The Listed Entity shall disclose its financial statements for first half of the financial year to the recognised stock exchange(s) immediately after the approval of its board of directors, but in any event not later than forty- five days after the end of first half year." PRAVEEN TRIVEDI, Executive Director [ADVT.-III/4/Exty./408/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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