Date: 2025-10-14Category: Extra OrdinaryState: Union GovernmentCountry: India
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
**Executive Summary**
The document is a notification of the International Financial Services Centres Authority (IFSCA) (Listing) (Amendment) Regulations, 2025, published on October 14, 2025. These regulations amend the International Financial Services Centres Authority (Listing) Regulations, 2024. The effective date of these regulations is the date of their publication in the Official Gazette.
**Key Points / Main Content**
* **General Amendments:**
* The regulations are called the International Financial Services Centres Authority (Listing) (Amendment) Regulations, 2025.
* The regulations come into force on the date of their publication in the Official Gazette.
* **Specific Amendments to Principal Regulations:**
* Regulation 16(8): "One hundred and thirty-five" is replaced with "one hundred and eighty."
* Regulation 25(2): "Five" is replaced with "eight."
* Regulation 52(3): "Five" is replaced with "eight."
* Regulation 65: "Five" is replaced with "eight."
* Regulation 96(2): It mandates listed entities to disclose their financial statements for the first half of the financial year to recognized stock exchange(s) immediately after the approval of its board of directors, and no later than forty-five days after the end of the first half of the year.
* Regulation 107(2): It mandates listed entities to disclose their financial statements for the first half of the financial year to recognized stock exchange(s) immediately after the approval of its board of directors, and no later than forty-five days after the end of the first half of the year.
**Impact Analysis**
**Stakeholder: Listed Entities**
* **Impact:** Listed entities must adhere to the updated regulations regarding financial disclosures.
* **Action Required:** Update internal processes to reflect the new financial disclosure timelines stipulated in Regulations 96(2) and 107(2). The listed entity must disclose its financial statements to recognized stock exchange(s) immediately after the approval of its board of directors, and no later than forty-five days after the end of the first half of the year. Ensure compliance with the numerical amendments made to the specified regulations.
**Stakeholder: International Financial Services Centres Authority (IFSCA)**
* **Impact:** These are the regulatory amendments published by IFSCA, so it must enforce compliance.
* **Action Required:** Ensure enforcement of the updated regulations within the relevant jurisdictions and update relevant documentation.
**Stakeholder: Recognized Stock Exchanges**
* **Impact:** Recognized stock exchanges will receive the financial statements from listed entities.
* **Action Required:** Acknowledge and incorporate the new disclosure timelines into their operational procedures.
Key Entities Referenced
International Financial Services Centres Authority (Listing) Regulations, 2024: The principal regulations being amended by this notification.
International Financial Services Centres Authority (Listing) (Amendment) Regulations, 2025: Regulations amending the 2024 Listing Regulations.
International Financial Services Centres Authority: The regulatory authority issuing the amendment regulations, responsible for financial services centers.
Securities and Exchange Board of India Act, 1992: One of the acts that grants powers to the International Financial Services Centres Authority in issuing the amendment regulations.
International Financial Services Centres Authority Act, 2019: The main act that establishes the International Financial Services Centres Authority and grants powers related to its function.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-जी.जे.-अ.-16102025-266968
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CG-GJ-E-16102025-266968
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 674] नई ददल्ली, मंगलिार, अक्त बू र 14, 2025/आजि न 22, 1947
No. 674] NEW DELHI, TUESDAY, OCTOBER 14, 2025/ASVINA 22, 1947
अतं रराष्ट्रीय जित्तीय सिे ा केंद्र प्राजधकरण
अजधसचू ना
गांधीनगर, 13 अक् तूबर, 2025
अतं रराष्ट्रीय जित्तीय सिे ा केंद्र प्राजधकरण (सचू ीबद्धता) (सिं ोधन) जिजनयम, 2025
फा. स.ं आईएफएससीए/िीएन/2025/011.—भारतीय प्रजतभूजत और जिजनमय बोड ड अजधजनयम, 1992
(1992 का 15) की धारा 30, धारा 11क और धारा 28ग के साथ पठित अंतरराष्ट्रीय जित्तीय सेिा केंद्र प्राजधकरण अजधजनयम,
2019 (2019 का 50) की धारा 28 की उपधारा (1) के साथ पठित धारा 12 की उपधारा (1) और धारा 13 की उपधारा
(1) द्वारा प्रदत्त िजियों का प्रयोग करते हुए, अंतरराष्ट्रीय जित्तीय सेिा केंद्र प्राजधकरण, अंतरराष्ट्रीय जित्तीय सेिा केंद्र
प्राजधकरण (सूचीबद्धता) जिजनयम, 2024 (जिसे आगे मख्ु य जिजनयम कहा िाएगा) म ेंऔर संिोधन करन ेके जलए जनम्नजलजखत
जिजनयम बनाता ह:ै अथातड ्:-
1. (1) इन जिजनयमों को अंतरराष्ट्रीय जित्तीय सेिा केंद्र प्राजधकरण (सूचीकरण) (संिोधन) जिजनयम, 2025
कहा िाएगा।
(2) ये रािपत्र में प्रकािन की तारीख से प्रिृत्त होंगे।
6876 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
2. मूल जिजनयमों के जिजनयम 16 के उप-जिजनयम (8) म,ें िब्द "एक सौ पैंतीस" को िब्द "एक सौ अस्ट्सी" स े
प्रजतस्ट्थाजपत दकया िाएगा।
3. मूल जिजनयमों के जिजनयम 25 के उप-जिजनयम (2) म,ें बाद िब्द "पााँच" को िब्द "आि" से प्रजतस्ट्थाजपत
दकया िाएगा।
4. मूल जिजनयमों के जिजनयम 52 के उप-जिजनयम (3) म,ें िब्द "पााँच" को िब्द "आि" स े प्रजतस्ट्थाजपत दकया
िाएगा।
5. मूल जिजनयमों के जिजनयम 65 म,ें िब्द "पााँच" को िब्द "आि" से प्रजतस्ट्थाजपत दकया िाएगा।
6. मूल जिजनयमों के जिजनयम 96 म,ें उप-जिजनयम (2) को जनम्नजलजखत उप-जिजनयम से प्रजतस्ट्थाजपत दकया
िाएगा, अथाडत:् -
“(2) सूचीबद्ध एंठििी अपन े जनदिे क मडं ल के अनुमोदन के तुरंत बाद, परंत ु दकसी भी जस्ट्थजत म ेंप्रथम छमाही
की समाजि के बाद पैंतालीस ददनों के भीतर, मान्यता प्राि स्ट्िॉक एक्सचेंि(िों) को जित्तीय िर्ड की पहली
छमाही के अपन े जित्तीय जििरणों को प्रकि करेगी।”
7. मूल जिजनयमों के जिजनयम 107 म,ें उप-जिजनयम (2) को जनम्नजलजखत उप-जिजनयम से प्रजतस्ट्थाजपत दकया
िाएगा, अथाडत:् -
“(2) सूचीबद्ध एंठििी अपन े जनदिे क मडं ल के अनुमोदन के तुरंत बाद, परंत ु दकसी भी जस्ट्थजत म ेंप्रथम छमाही
की समाजि के बाद पैंतालीस ददनों के भीतर, मान्यता प्राि स्ट्िॉक एक्सचेंि(िों) को जित्तीय िर्ड की पहली
छमाही के अपन े जित्तीय जििरणों को प्रकि करेगी।”
प्रिीण जत्रिेदी, कायडकारी जनदेिक
[जिज्ञापन-III/4/असा./408/2025-26]
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.[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
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.