Corporate Action21 Oct 2026, 02:31 pm
Khazanchi Jewellers Gets In-Principle Nod for Main Board Migration
AI Summary
Khazanchi Jewellers Limited has received in-principle approval from both BSE Ltd and the National Stock Exchange of India Limited (NSE) for the migration of its equity shares from the BSE SME platform to the main board of BSE and NSE. This approval is subject to the company fulfilling specific conditions, including submitting a formal listing application, a final information memorandum, executing the listing agreement, and providing the latest shareholding pattern and financial results. Upon migration, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including corporate governance provisions, will apply. The in-principle approval is valid for 45 days.
Key Highlights
- Received in-principle approval for migration from SME to main board.
- Approval granted by both BSE and NSE.
- Migration is subject to fulfilling several compliance requirements.
- SEBI LODR regulations, including corporate governance, will apply post-migration.
- In-principle approval is valid for 45 days.
Price Impact
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