Intimation for receipt of trading approval from the stock exchange for migration of the company from SME board of BSE Limited to the Main Board of BSE Limited
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Prime Fresh Limited has received trading approval from BSE to migrate its equity shares from the BSE SME Platform to the BSE Mainboard, effective June 6, 2025. The company was previously listed on the SME board under scrip code 540404. With this migration, the company will now be subject to all provisions of SEBI (LODR) Regulations, 2015, including corporate governance requirements applicable to mainboard-listed companies. This is typically seen as a growth milestone for companies that outgrow the SME platform.
Mainboard listing usually improves liquidity, broadens investor access (including institutional and foreign investors), and enhances the stock's visibility and credibility, which can be positive for existing shareholders.