HLF Ltd, a real estate company which was formed in 1959. In about 56 years of its existence, the company has managed to carve out a niche for itself in this sector. Lately, this sector is witnessing a boom due to the fact that the Indian economy is on a rise. The incomes of the middle class are rising. More people can afford to buy homes for themselves due to the easy availability of loans and accompanying tax concessions. To expand its business in India and abroad the company is weighing various options to raise money through equity offerings in India. Whether to tap equity or debt market? Whether to raise money from the domestic market or international market or a combination of both? The company wants to raise the necessary finance from the money market or capital market. It is also planning to list itself in New York Stock Exchange to raise money through ADRs. To make its offerings attractive it is planning to offer a host of financial plans products to its stakeholders and investors and also expand its listing at NSE after complying with the regulations of SEBI. (i) What benefits will the company derive from listing at NSE? (ii) What are the regulations of SEBI that the company must comply with? (iii) How does the SEBI exercise control over FLF Ltd. in the interest of the investors?