The movement is aligned with the recent repression of Sebi on the rules of Banca OPI and merchants so that small businesses improve market transparency and investor protection. | Photo credit:
The National Stock Exchange of India adjusted on Thursday the rules for small businesses in their symeking to move to the main board, requiring at least ₹ 100 million rupees in annual income to qualify.
The measure occurs months after the Indian market regulator issued stricter regulations for commercial bankers and initial public offers of small businesses.
Only small businesses with at least ₹ 100 million revenue rupe
The NSE also said that companies must be profitable for two of the last three years, compared to the previous positive Ebitda requirement in the previous three years and profits after taxes in the year of the application.
He also turned off the minimum number of public shareholders to 500 from 1,000 and now requests some large shareholders, called promoters, to maintain at least a 20 percent participation without reducing it in more than half.
Posted on April 24, 2025