https://www.taxtmi.com/acts?id=33681 Alteration of rights in specified securities is prohibited if it would adversely affect holders unless at least three-fourths in writing consent or a special resolution of that class is passed. Issuers on an SME exchange whose post-issue paid-up capital is likely to exceed a prescribed capital threshold by further issue must migrate to the Main Board and seek Main Board listing for proposed securities, and may only proceed after shareholders approve migration by a specified special-resolution postal ballot majority and after obtaining in-principle Main Board approval; an alternative permits further issuance on the SME exchange subject to compliance with Main Board listing obligations and disclosures. en-us Fri, 21 Dec 2018 14:47:17 +0530 Wed, 12 Mar 2025 15:26:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33681 Alteration of rights in specified securities is prohibited if it would adversely affect holders unless at least three-fourths in writing consent or a special resolution of that class is passed. Issuers on an SME exchange whose post-issue paid-up capital is likely to exceed a prescribed capital threshold by further issue must migrate to the Main Board and seek Main Board listing for proposed securities, and may only proceed after shareholders approve migration by a specified special-resolution postal ballot majority and after obtaining in-principle Main Board approval; an alternative permits further issuance on the SME exchange subject to compliance with Main Board listing obligations and disclosures. Act-Rules SEBI Fri, 21 Dec 2018 14:47:17 +0530 https://www.taxtmi.com/acts?id=33681