BSE raises bar for SME to mainboard migration with higher profit, shareholder requirements

BSE Limited has tightened the eligibility criteria for SME companies seeking to migrate to the mainboard. The exchange now requires a higher operating profitability of Rs 15 crores for the last three financial years, with a minimum of Rs 10 crores each year. Additionally, the minimum number of public shareholders has been increased to 1,000.

​BSE Limited has tightened the eligibility criteria for SME companies seeking to migrate to the mainboard. The exchange now requires a higher operating profitability of Rs 15 crores for the last three financial years, with a minimum of Rs 10 crores each year. Additionally, the minimum number of public shareholders has been increased to 1,000.