BSE’s Direct Listing Norms for Non-operational Stock Exchange Listed Companies
In consonance with the SEBI Circular dated 22nd May, 2014 advising the Companies exclusively listed on non-operational stock exchanges to opt for direct listing on any of the stock exchanges having Ms. Anjali Aggarwal Vice President +919971673336 anjali@indiacp.com nationwide trading terminal, the BSE has relaxed its direct listing norms for such Companies . The main highlights of the said norms are outlined as follows: S.No. Criteria Threshold 1. Issued and Paid up capital Minimum Paid up capital: Rs. 1 Crore and Net worth: Rs. 3 Crores