Modis Navnirman Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/06/2025 ,inter alia, to consider and approve the Migration of the Company ....
MODIS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Modis Navnirman Ltd has informed BSE that its Board of Directors will meet on Friday, June 6, 2025, to consider and approve the migration of the company from the BSE SME Exchange to the Main Board of BSE and NSE Limited. The intimation is filed under Regulation 29 of SEBI's LODR Regulations, 2015. The company currently trades on the SME platform under BSE Scrip Code 543539 and is in the construction/infrastructure space (CIN: U45203MH2022PLC377939). The communication is signed by Mahek Modi, CFO and Whole-Time Director.
Migration from the SME platform to the Main Board is generally seen as a positive step — it can improve trading liquidity, broaden investor participation, and make the stock eligible for institutional and FPI investment. Shareholders may view this as a confidence signal, though the move is subject to board approval, shareholder consent, and regulatory clearances from BSE and NSE.