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.
Read more at:-http://www.thehindubusinessline.com/todays-paper/tp-markets/bse-sme-exchange-tightens-listing-norms-eligibility-criteria/article6914445.ece