Outcome of Board Meeting held on April 07, 2025 for approval of making application to NSE for Direct Listing
RAJOOENG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajoo Engineers, currently listed on BSE (Scrip Code 522257), announced that its Board of Directors met on April 7, 2025 and approved filing an application with the National Stock Exchange (NSE) for a direct listing of its equity shares. This means the company is seeking to get its shares traded on NSE in addition to its existing BSE listing. The company is not raising fresh capital or issuing new shares — it is simply seeking access to NSE's larger trading platform.
For shareholders, this move could improve liquidity and visibility since NSE typically has higher trading volumes than BSE. It may attract more institutional investors and potentially lead to better price discovery, though there is no immediate financial impact as no new shares are being issued.