This is with reference to the outcome of our Board meeting dated 23rd October, 2025, wherein the Board approved the Information Memorandum ("IM") related to the migration of listing/trading ....
INA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Insolation Energy's board, at its meeting on October 23, 2025, approved the Information Memorandum for moving its equity shares from the BSE SME (small and medium enterprise) platform to the main board of BSE, while also seeking a direct listing on the main board of NSE. The company flagged that the migration processing fee charged is very high at Rs. 1.98 crore plus GST and is currently in discussions with BSE to seek clarity on the charges. Until that clarity is obtained, the company will hold off on filing the main board migration application and will update the exchanges once the application is filed.
A successful migration to the main boards of BSE and NSE would broaden investor access and improve liquidity in the stock, generally seen as a positive milestone for shareholders. However, the unusually high migration fee of nearly Rs. 2 crore is a cost concern, and the listing is not yet confirmed, so there is no immediate change for shareholders until the application is actually filed.