Friday, April 15, 2016

NSE issues norms for Companies listed on Non-Operational bourses

Under the new norms, the firm seeking listing is required to have a Net Worth of at least Rs 10 crore or the Paid-Up Equity Capital of the company need to be at least Rs 5 crore, National Stock Exchange (NSE) said in a circular. Besides, there should not be any disciplinary action against the firm by other stock exchanges and regulatory authorities in the past three years. 

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