XED Reschedules $12 Million IPO At GIFT City To March 16 Amid Prevailing Geopolitical Uncertainties

This will be the first share sale at Gujarat International Finance Tec-City, India's IFSC, under the regulatory framework of the IFSCA.

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The shares will be listed on NSE International Exchange and India International Exchange at GIFT City.
Photo Source: @GIFTCity_/X
Quick Read
Summary is AI-generated, newsroom-reviewed
  • XED Executive Development rescheduled its $12 million IPO to March 16 from March 6 due to geopolitical issues
  • The IPO will be the first share sale at India's GIFT City under the IFSCA regulatory framework
  • The issue price band is set between $10 and $10.5 per share and closes on March 24, 2026
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