Regulation 292 - Granting companies listed on the Innovators Growth Platform pursuant to an initial public offer, an option to trade under the regular category of the main board of the stock exchange
Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018 Part V MIGRATION TO THE MAIN BOARD
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Migration to main board: Innovators Growth Platform companies may apply subject to ownership, financial and compliance conditions. Companies listed on the Innovators Growth Platform may migrate to the main board's regular category if they meet stock-exchange conditions and regulatory criteria including minimum listing duration, shareholder count, absence of debarment or specified disqualifications for the company and its promoters or directors, consolidated thresholds for net tangible assets, operating profit and net worth, revenue continuity after a name change, and, where financial thresholds are unmet, prescribed Qualified Institutional Buyer ownership. Promoters' minimum contribution and specified lock-in requirements apply, with limited exemptions and credit for prior short lock-ins.
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: Innovators Growth Platform companies may apply subject to ownership, financial and compliance conditions.
Companies listed on the Innovators Growth Platform may migrate to the main board's regular category if they meet stock-exchange conditions and regulatory criteria including minimum listing duration, shareholder count, absence of debarment or specified disqualifications for the company and its promoters or directors, consolidated thresholds for net tangible assets, operating profit and net worth, revenue continuity after a name change, and, where financial thresholds are unmet, prescribed Qualified Institutional Buyer ownership. Promoters' minimum contribution and specified lock-in requirements apply, with limited exemptions and credit for prior short lock-ins.
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