4 – Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024
4. Listing on permitted stock exchanges in permissible jurisdictions.-
(1) An unlisted public company, which does not fall under rule 5 and which has no partly paid-up shares instrumentsSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here., may issue equity shares instrumentsSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here. for the purposes of listing on a stock exchange in a permissible jurisdiction.
Explanation. —For the purposes of this sub-rule, issue of equity shares instrumentsSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here. shall include, offer for sale of equity shares instrumentsSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here. by existing shareholders existing holdersSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here. of the unlisted public company for listing on a stock exchange in a permissible jurisdiction.
(2) The unlisted public company or its existing shareholders existing holdersSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here. referred to in sub-rule (1) shall also comply with the requirements of the Scheme.
(3) Listing of equity shares instrumentsSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here. on permitted stock exchanges in permissible jurisdiction by an unlisted public company which also intends to get its equity shares listed with any recognised stock exchanges defined under clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) shall also be in compliance with such conditions as may be specified by the Securities and Exchange Board of India.
(4) The unlisted public company shall file the prospectus in e-Form LEAP-1
1. Substituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here.
2. Substituted vide the Companies (Listing of equity shares in permissible jurisdictions) Amendment Rules, 2025 dated 03.07.2025. To view the notification Click Here. To view the revised eform LEAP-1 with effect from 14.07.2025, Click Here.
3. To view the form, prior to 14.07.2025, Click here. specified in the Second ScheduleTo view the Second Schedule, Click here. along with the fees within a period of seven days after the same has been finalised and filed in the permitted exchange.
(5) After the listing of the equity shares instrumentsSubstituted vide MCA Notification dated 03.11.2026 regarding the Companies (Listing of equity instruments in permissible jurisdictions) Amendment Rules, 2026. To view the notification , Click here. of a company on any of the stock exchanges in a permissible jurisdiction, the company shall comply with Indian Accounting Standards as specified in the Annexure to the Companies (Indian Accounting Standards) Rules, 2015in preparation of their financial statements, in addition to any other accounting standard, which they may be required to comply for the preparation of the financial statements filed before the securities regulator concerned, or with the stock exchange concerned, as the case may be.