Bse Listing Agreement

Sir. please provide me Information Regarding about Bse Listing Agreement
Listing Agreement - Bombay Stock Exchange

[Saksham]

Here I am providing you the information about the Bse Listing Agreement
Listing Agreement - Bombay Stock Exchange in a PDF file attached with it .. some content of PDF is given below :

Criteria of Listing:
1. Net Tangible assets of at least Rs. 1 crore as per the latest audited financial results
2. Net worth (excluding revaluation reserves) of at least Rs. 1 crore as per the latest audited financial results
3. Track record of distributable profits in terms of sec. 205 of Companies Act, 1956 for at least two years out of immediately preceding three financial years and each financial year has to be a period of at least 12 months. Extraordinary income will not be considered for the purpose of calculating distributable profits. Other wise, the networth shall be at least Rs 3 Crores.
4. Other Requirements
The post-issue paid up capital of the company shall be at least Rs. 1 crores
The company shall mandatorily facilitate trading in demat securities and enter into an agreement with both the depositories.
Companies shall mandatorily have a website.
5. Certificate from the applicant company / promoting companies stating the following –
a. The Company has not been referred to the Board for Industrial and Financial Reconstruction (BIFR).

Note: Cases where company is out of BIFR are allowed.
b. There is no winding up petition against the company that has been accepted by a court.
6. Listing Process will also involve:

For listing on BSE SME platform promoters will mandatorily be required to attend an interview with the Listing Advisory Committee.
7. Migration from BSE SME Exchange to the main Board of BSE:
The companies seeking migration to Main Board of BSE should satisfy the eligibility criteria as specified in 26(1) of SEBI (ICDR) Regulations, 2009 either at the time of initial listing on SME platform or at the time of seeking migration to Main Board. However, same will not be applicable where the company had sought listing on SME platform by following the process and requirements prescribed in 26(2) (a) of SEBI (ICDR) Regulations, 2009.

Contact Address:
Bombay Stock Exchange
P. J Towers, Dalal Street, Mumbai, Maharastra, 400001
022 2272 1234


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