Shareholders approve migration from NSE EMERGE to NSE and BSE Main Board
PRAMARA · price
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On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Pramara Promotions Ltd has completed its Postal Ballot process, with shareholders approving the migration of its equity shares from the NSE EMERGE (SME platform) to the Main Board of NSE, along with direct listing and trading on the Main Board of BSE. Of 1,345 shareholders on record date, 25 voted via e-voting, casting 46,88,350 votes. The resolution passed with 100% votes in favour and zero against. Promoters (44,89,375 shares) and public non-institutional shareholders (1,98,975 shares, about 2.13% of public holdings) unanimously supported the move. Scrutinizer VTSN and Associates LLP confirmed compliance with SEBI ICDR Regulations.
Positive for shareholders: migration to the Main Board typically brings better liquidity, broader investor reach, and higher visibility.