Intimation of In-Principle approval received for Migration from SME Platform of BSE to the NSE Main Board
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Gretex Corporate Services Limited has received in-principle approval from the National Stock Exchange (NSE) to migrate its equity shares from the BSE SME Platform to the NSE Main Board (Capital Market Segment). The approval covers the migration of 2,26,39,347 equity shares of Rs. 10 each. The in-principle approval is valid for 45 days from August 29, 2025, after which the company must submit a listing application and equity listing agreement to receive final approval. The company has indicated it will comply with prescribed conditions and proceed with the migration process.
Migrating from the SME platform to the NSE Main Board is generally a positive development for shareholders, as it typically brings higher visibility, better liquidity, and access to a broader set of institutional investors. Shareholders should note that final migration is still pending and subject to regulatory and procedural steps.