Indian companies eyeing AIM listing
US governance rules big stumbling block
Regulatory concerns about their own market and stringent rules in the US have
seen dozens of Indian companies seeking to list on alternative global stock
exchanges such as London’s Alternative Investment Market.
According to mid-tier firm Grant Thornton, more than 30 companies have asked
the firm to help them list on AIM.
Vishesh Chandiok, director of international business at Grant Thornton India,
said there had been ‘an explosion in the number of inquiries’.