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Rules Tightened for SMEs' Shift to Mainboard
April 25, 2025
|Financial Express Chandigarh
Criteria Revised
In a development that is expected to make migration from small and medium enterprise (SME) platform to the mainframe more difficult, the National Stock Exchange has introduced several measures that will be implemented from May 1.
According to its latest circular, the new eligibility criteria for migration requires the paid-up equity capital of such companies at not less than ₹10 crore and the average market capitalization should be at least ₹100 crore.
In addition, it has also mandated that companies should be listed on its SME platform for at least 3 years, the number of public shareholders is mandated to be at least 500 on the date of application while promoter and promoter group holding is required to be at least 20% at the time of making application to shift.
هذه القصة من طبعة April 25, 2025 من Financial Express Chandigarh.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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