Gandhinagar: NSE International Exchange (NSE IX) welcomed the leadership of DFCC Bank PLC, Sri Lanka — including CEO Thimal Perera and Senior VP – Treasury & Investment Banking, Prins Perera — at GIFT IFSC on June 9, 2025, to mark the listing of LKR 2.5 billion foreign currency green bonds. According to an official statement, these are Sri Lanka’s first capital market debt instruments dedicated to renewable energy.

Its primary focus is to fund solar energy projects in support of Sri Lanka’s goal of achieving 70% electricity generation from renewable energy by 2030. These instruments are already listed on the primary Stock Exchange – Colombo Stock Exchange. This aligns with IFSCA’s broader vision of positioning GIFT IFSC as a hub for sustainable and green finance in the Global South. 

These are the first foreign corporate issuances to be admitted to listing in GIFT IFSC on NSE International Exchange, making it a landmark transaction and encouraging more and more issuers from Sri Lanka and neighboring countries to leverage the opportunities and gain wider access to a much different diaspora of investors at GIFT IFSC. NSE IX , the leading and dominant Stock Exchange in GIFT IFSC has pioneered many firsts and are proud to on board this prestigious issuance on the Debt securities market platform.

Commenting on the listing, Mr.K.Rajaraman Chairperson IFSCA said, “Today we have the listing ceremony of DFCC Bank from Sri Lanka, which has listed its Green Bonds worth about 2.5 billion Sri Lankan rupees through the secondary listing process at the NSE International Stock Exchange in the International Financial Services Center in GIFT CITY, Gujarat. We are delighted, as a regulator, to support and facilitate this initiative by both NSE IX and DFCC Bank of Sri Lanka. India and Sri Lanka are very important partners in the growth and stability of this region. We believe that strong economic relations between both countries will lay the foundation for greater economic progress in both nations. We also encourage many companies from Sri Lanka to look at the GIFT City ecosystem for financing their business growth and to utilize the entities in GIFT CITY as well.”

Commenting on the listing, Thimal Perera, Chief Executive Officer of DFCC Bank PLC , “This listing reflects the growing relevance of regional financial partnerships in advancing meaningful progress. As the first foreign corporate to list a bond on NSE IX, we are setting a precedent for how institutions like ours can mobilize cross-border capital for sustainability. It is a pragmatic step that connects purpose with scale, and ambition with action”

Commenting on the listing, Mr. V.Balasubramaniam MD & CEO NSEIX said, “We are delighted to welcome DFCC Bank PLC as the first foreign corporate issuer in NSEIX and in GIFT IFSC with a secondary listing of LKR 2.5 Billion green bonds on the Exchange. I am confident that this listing will inspire more issuers from Sri Lanka and neighboring countries to explore opportunities in GIFT City. The IFSCA listing regulations are designed to support global fundraising and NSE IX is proud to contribute to the broader vision of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Business summit “to foster greater regional collaboration through robust trade and investment relations among the member countries” DeshGujarat