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        SEBI

        Regulation 277 - Migration to the main board

        Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
        Part VIII
        ISSUANCE CONDITIONS AND PROCEDURE

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        Migration to main board requires a special resolution with enhanced non promoter voting approval before listing eligibility is met. Migration to the main board requires an issuer listed on an SME Exchange with post-issue paid-up capital above the SME thresholds to secure a special resolution by postal ballot and to meet Main Board listing eligibility; the special resolution will be acted upon only if votes in favour by shareholders other than promoters are at least twice the votes against by those shareholders.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Migration to main board requires a special resolution with enhanced non promoter voting approval before listing eligibility is met.

                              Migration to the main board requires an issuer listed on an SME Exchange with post-issue paid-up capital above the SME thresholds to secure a special resolution by postal ballot and to meet Main Board listing eligibility; the special resolution will be acted upon only if votes in favour by shareholders other than promoters are at least twice the votes against by those shareholders.


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