Worth Peripherals Limited has informed regarding Disclosure of material issue - IN principle approval from BSE
WORTHPERI · price
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Worth Peripherals Limited, currently listed on NSE's Emerge platform, has received in-principle approval from BSE for the direct listing of its 1,57,51,000 equity shares (face value Rs. 10 each) on BSE's Main Board. This is an additional listing and not a delisting from NSE. The company must now complete various formalities within 45 days, including submitting a listing agreement on Rs. 500 stamp paper, paying an initial listing fee of Rs. 20,000 and annual fee of Rs. 2,85,000 for FY2025-26, and providing shareholding pattern, audited reports, and other documents. BSE's Internal Regulatory Oversight and Review Group approved the application on July 22, 2025. The company will also need to provide details of any preferential allotments made in the past 10 years and an undertaking that no further capital issues will be made for 6 months post-listing.
This is a positive development as it will increase the stock's visibility and liquidity by making it available on a second major exchange. Existing shareholders may benefit from potentially better price discovery and broader investor reach, though the company must still complete several compliance steps before trading begins on BSE.