Friday, 20 February 2015

BSE SME exchange has revised listing norms and tightened the eligibility criteria:-

BSE SME has tightened the listing norms and eligibility criteria by increasing the post-issue paid up capital threshold to Rs. 3 crore from Rs. 1 crore for companies listing on the exchange platform.The exchange has also raised the networth (excluding reserves) and tangible asset requirement to Rs. 3 crore from Rs. 1 crore. The revised norms would be applicable from April.

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