With reference to the captioned subject, this is to inform you that Board of Directors of the Company in its meeting held at the registered office of the Company on June 03, 2025 had inter-alia, ....
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The Board of Directors of Maruti Interior Products Ltd, at its meeting held on June 3, 2025, approved the migration of the company's equity shares from the SME Platform of BSE Limited to the Main Board of BSE Limited. The Board also decided to conduct a postal ballot (via remote e-voting) to seek shareholders' approval for this migration. M/s. S.V. Nadiyapara & Co., Practicing Company Secretaries, has been appointed as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner. The board meeting commenced at 4:00 PM and concluded at 4:50 PM. The migration is subject to shareholder approval.
This is a positive corporate action for shareholders — migrating from the SME platform to the Main Board typically means greater visibility, higher liquidity, broader investor participation, and potentially improved valuation. However, the move is still subject to shareholder approval via postal ballot, so the final outcome depends on the voting result.