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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Company Can Migrate to SME Exchange with Special Resolution Approval and Non-Promoter Shareholder Support Under Specific Conditions</h1> A listed company with a post-issue face value capital under twenty-five crore rupees can migrate its securities to an SME exchange if its shareholders approve the move via a special resolution through a postal ballot. This migration is contingent upon meeting the SME exchange's listing eligibility criteria. The special resolution is valid only if the votes from non-promoter shareholders in favor are at least twice the votes against from non-promoter shareholders.