Viviana Power Tech Limited has informed the Exchange about receiving In-principle approval for migration of trading in the equity shares of the company from SME Platform (EMERGE) to Main Board
VIVIANA · price
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Viviana Power Tech Limited, a power transmission/distribution company based in Vadodara, has received in-principle approval from NSE to migrate its 10,124,800 equity shares (Rs. 10 each) from the SME Platform (EMERGE) to the Main Board. The approval was granted under SEBI ICDR Regulations, 2018 and is valid for 45 days. Final migration is subject to submission of listing application and equity listing agreement. This move indicates the company has met NSE's quality and compliance standards for Main Board listing.
This is a positive development for shareholders as Main Board listing typically increases stock visibility, liquidity, and attracts a broader investor base including institutions. It signals the company's growth and improved corporate governance standards.