CSE partners India’s NSEIX to expand capital market access

Monday, 9 March 2026 05:36 - - {{hitsCtrl.values.hits}}

From left: Aix Bank Head of Capital Markets Chetan Shah, NSE International Clearing Corporation Managing Director/CEO Neeraj Kulshrestha, NSEIX Managing Director/CEO Balasubramaniam Venkataramani, CSE Director Kosala Gamage, CEO Rajeeva Bandaranaike, SVP Punyamali Saparamadu and NSEIX Head of Listings Hetal Kotak

Aims to enable dual listings and cross listings, and enable companies to list the same shares on both exchanges simultaneously, or establish presence through separate listings
Access to India’s deep capital markets could prove transformative in terms of growth financing and brand recognition
To develop new financial products tailored to the needs of cross-border investors, reflecting the evolving sophistication of both markets

The Colombo Stock Exchange (CSE) and NSE IFSC Ltd., (NSEIX), an international multi-asset exchange and wholly owned subsidiary of the National Stock Exchange of India, have signed a Memorandum of Understanding (MoU) recently to strengthen capital market cooperation between Sri Lanka and India.

Bringing together the senior leadership of both exchanges to formalise a strategic partnership, the occasion underscored the shared commitment of both institutions to building a more integrated regional financial ecosystem that benefits companies and investors in both exchanges.

Under this arrangement, both institutions will work towards introducing dual listings and cross listings, which will enable companies to list the same shares on both exchanges simultaneously, or to establish a presence on both markets through separate listings.

Dual listings and cross listings offer listed companies a greater opportunity to increase liquidity through a broader and more diverse investor base and significantly enhance visibility among institutional and retail investors in both Sri Lanka and India. For companies in particular, access to India’s vast and deep capital markets could prove transformative in terms of growth financing and brand recognition.

Beyond listings, both the CSE and NSEIX have committed to working together to develop new financial products tailored to the needs of cross-border investors, reflecting the evolving sophistication of both markets.

The MoU also aims to enable bi-directional trading opportunities, giving investors in Sri Lanka and India access to each other’s markets. Furthermore, the Exchanges have agreed to undertake joint research initiatives, training programs, capacity building exercises, and outreach efforts for the mutual benefit of both institutions and the wider investment communities they serve.