If a company is described as "listed," it means that its shares can be traded on the stock exchange. A listed company has met the regulatory requirements of the relevant stock exchange, and its shares are available for trading to the general public. By being listed, a company can gain access to more capital, liquidity, and potentially attract more investors, which could lead to increased growth opportunities. However, being listed also means that the company must adhere to the rules and regulations of the stock exchange, including disclosing certain financial and operational information to the public.