Announced Wed, 22 Jul · 21:26 IST
SME to main board migration approved by shareholders
Capital Market Events View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.7%1-day move
₹530.85
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.7-3.9————————
Up moveDown movePending
AI summary
Exhicon Events Media Solutions shareholders approved migrating equity shares from the BSE SME platform to the BSE Main Board and NSE Main Board via postal ballot. Of about 1.48 crore total shares, 62.24 lakh votes (42.15%) were polled, all 100% in favor with zero against. Promoters (50.46 lakh shares) and public (11.79 lakh shares) both voted unanimously for the move under SEBI ICDR Chapter IX.
Likely market impact
Positive for shareholders: moving to main boards of BSE and NSE may improve liquidity, visibility and attract institutional investors to the stock.