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NCLT approves Flipkart’s domicile shift to India before IPO
Yahoo Finance· 2025-12-16 15:48
Walmart-controlled e-commerce company Flipkart has secured approval from the Indian judicial body the National Company Law Tribunal (NCLT) to relocate its holding company from Singapore to India. The move advances the Bengaluru-based online retail company’s plans to go public, with an aim to submit draft initial public offering (IPO) papers in 2026, according to media reports. However, it has not set a definitive timeline for the listing. The tribunal has approved the merger of eight Singapore-register ...