Intimation of In-principle approval received from BSE Limited for Migration of the Company from SME Board of BSE Limited to the Main Board of BSE Limited

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.7%Reaction day

₹131.40

prior close

₹134.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+5.0% vs market

Other Agricultural Products peers, median of 52sector-1.1%+4.8% vs sector

On the reaction day the stock moved 5.0 pts more than Nifty Microcap 250 and 4.8 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.6

10m

-3.6

15m

-3.6

30m

-3.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.7-1.3+5.0-1.1+4.8

Next day

+8.9+2.1+6.8-0.2+9.1

+11.0+5.4+5.6+2.5+8.4

+13.2+6.3+6.9+4.0+9.2

+15.4+7.1+8.4+5.2+10.2

+17.6+8.7+8.9+5.4+12.2

+21.8+9.6+12.2+7.1+14.7

15d

+23.8+3.3+20.5-0.0+23.8

—+3.6—-1.0—

+49.2+19.8+29.3+3.4+45.8

+26.3+21.2+5.1+0.7+25.6

UpDownMarket · Nifty Microcap 250Sector · Other Agricultural Products peers, median of 52Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Prime Fresh Ltd has received in-principle approval from BSE Limited to migrate its equity shares from the BSE SME Platform to the BSE Main Board. The company had applied for this migration on September 27, 2024, and the approval was granted on April 8, 2025. The approval is valid for 45 days, during which the company must complete formalities including submitting a listing application, information memorandum, listing agreement, and latest shareholding pattern. The company needs to pay Rs. 20,000 as initial listing fees plus the annual listing fee for FY 2025-26. Once migrated, full SEBI LODR regulations, including corporate governance norms, will apply to the company.

Likely market impact

This is generally seen as a positive development signalling that Prime Fresh has met the eligibility criteria for main board listing, which may improve stock visibility, liquidity, and attract broader institutional participation, though it will also mean higher compliance and governance requirements going forward.