Share India Securities' Subsidiary Signs MoU with Centre to Support SME Growth

Share India Capital Services Private Limited, a wholly-owned subsidiary of Share India Securities Ltd, has entered into a Memorandum of Understanding (MoU) with Centre of Excellence for Aspiring SMEs (CoE), a joint initiative of Federation of Indian Micro and Small & Medium Enterprises (FISME) and IFCI Limited (IFCI). The objective of this MoU is to provide strategic guidance and support to small and medium enterprises (SMEs), facilitating their advancement to medium or large corporate status by arranging appropriate linkages for obtaining external equity and establishing critical business collaborations. This move is in response to the challenges faced by SMEs in the mature stage to access funds through SME IPO listing and aims to facilitate progress of SMEs through mutually beneficial cooperation and exchanges.