Ministry, Sebi will take call on MTN dual listing

Corporate Affairs Minister Salman Khurshid, on Wednesday, said it is for the finance ministry and Sebi to take a call on dual listing of shares as is being proposed in connection with the $23-billion Bharti-MTN deal.

“That facility (dual listing) is not available in our country. If it is to be made available at all, finance ministry and Sebi will consider it in due course and we will come into the picture only if they have some view on it”, he said, talking to reporters on the sidelines of a conference.

Noting that the South African government is looking at dual listing, he said, such a facility is only available in that country and possibly not in any other jurisdiction.

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