Latham & Watkins’ India Practice Head Named to Distinguished Capital Markets Committee Formed by the Securities and Exchange Board of India

Rajiv Gupta invited to join newly formed SEBI Committee to review listing of Indian companies on foreign exchanges as well as listing of foreign companies on Indian stock exchanges.

July 02, 2018

Latham & Watkins’ Singapore partner Rajiv Gupta, who leads the firm’s India Practice, has been named to a distinguished committee set up by the Securities and Exchange Board of India (SEBI). The committee has been tasked with reviewing the current listing process for both Indian incorporated companies internationally and international companies that wish to list in India. 

Gupta joins the nine-member panel that includes senior leaders from Indian law firms, investment banks, public companies, accountancy firms, and SEBI. The committee’s remit is to: 

  • Examine in detail the economic case for permitting direct listing of Indian companies overseas and vice versa
  • Examine various legal, operational, and regulatory constraints in facilitating companies incorporated in India to directly list their equity share capital abroad and vice versa
  • Make recommendations for a suitable framework in which to facilitate such direct listings 

Gupta has been one of the foremost advisors on Indian capital markets transactions for the past 10-plus years, with an illustrious track record advising issuers and underwriters on landmark IPOs and equity fundraisings in India and globally. 

Gupta said: “I am truly honored and deeply humbled to serve on this committee, and I look forward to working with this accomplished group of industry leaders. In an increasingly competitive global market for equity issuances, India is at the forefront of progress in this area and I look forward to contributing to this important initiative and to helping support India’s participation in the internationalization of the capital markets.” 

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