New Launch26 May 2025, 08:21 am
Markolines Pavement Technologies Ltd Receives In-Principle Approval for Migration to BSE Mainboard
AI Summary
Markolines Pavement Technologies Ltd has announced the receipt of an In-Principle Approval from BSE for migration from the SME platform to the Mainboard platform. This approval is valid for 45 days, during which the company is required to complete necessary formalities such as submitting a letter of application, information memorandum, listing agreement, latest share holding pattern, and financials as per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company is also required to pay initial and annual listing fees. Upon migration, all provisions of SEBI (LODR) Regulations, 2015, including corporate governance provisions, will become applicable.
Key Highlights
- Markolines Pavement Technologies Ltd receives In-Principle Approval for migration from BSE SME Platform to BSE Mainboard.
- The approval is valid for 45 days, during which necessary formalities need to be completed.
- The company is required to pay initial and annual listing fees.
- Upon migration, all provisions of SEBI (LODR) Regulations, 2015, will become applicable.
- The company is currently in the process of submitting the necessary documents and information to BSE.