At its 28th Authority meeting held on April 17, 2026, the India International Financial Services Centres Authority approved new regulatory frameworks under the International Financial Services Centres Authority (Listing) Regulations, 2024 for preferential issues and qualified institutions placements, and for rights issues, giving entities listed on recognised stock exchanges in the IFSC additional routes to raise capital. The Authority also approved draft amendments to the IFSCA (TechFin and Ancillary Services) Regulations, 2025 and the IFSCA (Finance Company) Regulations, 2021 aimed at enabling special purpose vehicles (SPVs) for leasing activities to be structured entirely within GIFT IFSC. The rights issue framework is positioned as a fast-track and streamlined capital-raising mechanism for listed companies, while the preferential issue and QIP framework targets additional capital raising by IFSC-listed entities. The leasing-related amendments introduce registration for Trust and Company Service Providers under the TechFin and Ancillary Services regime and registration of SPVs under the Finance Company regime, intended to support end-to-end structuring of aircraft leasing transactions within GIFT IFSC. The package follows a consultation paper issued on March 17, 2026, with feedback covering TCSP recognition, SPV capital requirements, prudential norms and resource-sharing provisions reflected in revisions; IFSCA also noted that more than 370 aviation assets had been leased from the IFSC as of March 31, 2026. Notifications for the approved frameworks and amended regulations will be released in due course on the IFSCA website.
India International Financial Services Centres Authority 2026-04-24
India International Financial Services Centres Authority approves frameworks for preferential issues, qualified institutions placements and rights issues and clears draft amendments to enable SPV aircraft leasing in GIFT IFSC
The India International Financial Services Centres Authority has approved new frameworks under the International Financial Services Centres Authority (Listing) Regulations, 2024 for preferential issues, qualified institutions placements and rights issues, adding capital-raising routes for entities listed on recognised IFSC exchanges. It also amended the IFSCA (TechFin and Ancillary Services) Regulations, 2025 and IFSCA (Finance Company) Regulations, 2021 to enable special purpose vehicles for leasing, including aircraft leasing, to be structured entirely within GIFT IFSC, reflecting consultation feedback on trust and company service provider recognition, capital requirements, prudential norms and resource sharing.