Now listing on BSE SME to cost less for small businesses as exchange looks to attract more firms
》Credit and Finance for MSMEs: The relaxation comes days after the Finance Minister Nirmala Sitharaman announced Rs 50,000 crore equity infusion for MSMEs through Fund of Funds to encourage units to list on the main board of stock exchanges. 》Credit and Finance for MSMEs: Bombay Stock Exchange (BSE) on Monday announced that it has reduced the annual fee for listing on its SME exchange - BSE SME by 25 per cent to encourage small businesses to list and support them amid Covid impact. BSE SME, launched in March 2012, charges Rs 25,000 or 0.01 per cent of the full market cap of the company, whichever is higher, in annual fees. The revised fees will be applicable for both existing and upcoming small businesses to be listed on the platform. 》The relaxation comes days after the Finance Minister Nirmala Sitharaman announced Rs 50,000 crore equity infusion for MSMEs through Fund of Funds to also encourage units to list on the main board of stock exchanges. The support was part of the around R...