Close Menu
  • Home
  • Startups
  • Channeliam Fact Check
  • Middle East
    • Exploring UAE
    • Emerging saudi
  • Shepreneur
    • Top Women Startups
  • Remembering Ratan Tata
  • More
    • Jobs and Internships
    • Funding
    • Entrepreneur
    • Technology
      • Auto
      • Gadgets
    • Updates
    • MSME
    • Movies
    • Travel
    • Events
    • Featured
    • Editor’s Pick
    • Discover and Recover
CHANGE LANGUAGE
What's Hot

Small Satellite Launched by ISRO in UP Test

16 June 2025

Why Aamir Khan Is Being Trolled Over Turkey

16 June 2025

High-Tech Sleeper Trains Hit the Tracks Soon

16 June 2025
Facebook X (Twitter) Instagram
  • About Us
  • I am Startup Studio
  • I am an Entrepreneur
  • She Power
  • I AM NOW AI
YouTube Facebook Instagram LinkedIn X (Twitter)
Channeliam / Channel I'M EnglishChanneliam / Channel I'M English
  • Home
  • Startups
  • Channeliam Fact Check
  • Middle East
    • Exploring UAE
    • Emerging saudi
  • Shepreneur
    • Top Women Startups
  • Remembering Ratan Tata
  • More
    • Jobs and Internships
    • Funding
    • Entrepreneur
    • Technology
      • Auto
      • Gadgets
    • Updates
    • MSME
    • Movies
    • Travel
    • Events
    • Featured
    • Editor’s Pick
    • Discover and Recover
Change Language
Channeliam / Channel I'M EnglishChanneliam / Channel I'M English
Change Language
Home » BSE Tightens Rules for SMEs Eyeing Main Board
News Update

BSE Tightens Rules for SMEs Eyeing Main Board

BSE Introduces Stricter Guidelines for SMEs Eyeing Main Board Transition
News DeskBy News Desk27 November 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Email Telegram WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email Telegram WhatsApp

The Bombay Stock Exchange (BSE) has implemented new guidelines for small and medium enterprises (SMEs) aspiring to transition from the SME platform to the main board. These guidelines, set to take effect from January 1, 2024, aim to ensure financial stability and regulatory compliance. Here’s a breakdown of the key requirements:

1. Financial Prerequisites

To be eligible for the move, applicants must demonstrate a net worth of at least Rs 15 crore for the preceding two financial years. The paid-up equity capital should exceed Rs 10 crore, and the market capitalization must be a minimum of Rs 25 crore.

2. Listing Duration and Shareholder Base

Applicant firms are required to be listed on the SME platform for a minimum of three years and have a substantial base of 250 public shareholders before transitioning to the main board.

3. Profitability Criteria

Prospective migrants must exhibit a positive operating profit for at least two out of the three preceding financial years. Additionally, a positive profit after tax (PAT) in the immediate financial year of the migration application is mandatory.

4. Legal and Regulatory Compliance

The applicant company should not have faced winding-up petitions admitted by the National Company Law Tribunal (NCLT). No significant regulatory actions, such as trading suspension against the SME and its promoters, should have occurred in the past three years.

5. Regulatory Standing

To ensure a clean record, neither the applicant company, its promoters, nor its subsidiary should be debarred by the Securities and Exchange Board of India (Sebi). This includes no regulatory actions within the last three years.

Impact and Background

The move by the BSE comes as part of efforts to streamline the transition process and maintain the integrity of the main board. Currently, 464 companies have been listed on the BSE SME platform, with 181 successfully migrating to the main board. The dedicated SME platforms by BSE and the National Stock Exchange (NSE), launched in March 2012, continue to play a crucial role in supporting SMEs by facilitating cost-effective equity capital for growth and expansion.

automobiles banner business Channel I Am electric vehicles India latest updates startups technology TOP STORIES
Share. Facebook Twitter Pinterest LinkedIn Email Telegram WhatsApp
News Desk
  • Website

Related Posts

Small Satellite Launched by ISRO in UP Test

16 June 2025

Why Aamir Khan Is Being Trolled Over Turkey

16 June 2025

High-Tech Sleeper Trains Hit the Tracks Soon

16 June 2025

Abhishek and Shweta to Inherit ₹1600 Cr Each

15 June 2025
Add A Comment

Comments are closed.

Careers
Recent Posts
  • Small Satellite Launched by ISRO in UP Test
  • Why Aamir Khan Is Being Trolled Over Turkey
  • High-Tech Sleeper Trains Hit the Tracks Soon
  • Abhishek and Shweta to Inherit ₹1600 Cr Each
  • Who Ruled India’s Profit Charts
Editors Picks

Small Satellite Launched by ISRO in UP Test

16 June 2025

Why Aamir Khan Is Being Trolled Over Turkey

16 June 2025

High-Tech Sleeper Trains Hit the Tracks Soon

16 June 2025

Abhishek and Shweta to Inherit ₹1600 Cr Each

15 June 2025
About Us
About Us

The first exclusive digital video media platform for startups and future business leaders, Channel I’M, the brainchild of Mrs. Nisha Krishan, unveils the first glimpse of how Indian startups think/create/market futuristic products and services.

Subscribe to Updates

Get the latest creative news about entrepreneurs, startups, and businesses.

Updates
  • Small Satellite Launched by ISRO in UP Test
  • Why Aamir Khan Is Being Trolled Over Turkey
  • High-Tech Sleeper Trains Hit the Tracks Soon
  • Abhishek and Shweta to Inherit ₹1600 Cr Each
  • Who Ruled India’s Profit Charts
YouTube Facebook X (Twitter) Instagram Pinterest LinkedIn RSS
  • Home
  • About Us
  • Promotions
  • Careers
  • Contact Us
© 2025 Likes and Shares Pvt Ltd. Powered By arbaneo

Type above and press Enter to search. Press Esc to cancel.

Change Language
Malayalam
Hindi
Tamil
Change Language
Malayalam
Hindi
Tamil