Securities Exchange Board of India (SEBI) would be soon finalizing and releasing the guidelines for setting up of SME stock exchanges.
Securities Exchange Board of India (SEBI) would be soon finalizing and releasing the guidelines for setting up of SME stock exchanges. SEBI has floated this concept of launching stock exchanges exclusively for SMEs, so as to help the enterprises which could not fulfill the trading requirements of BSE and NSE. These exchanges would now enable them to raise capital from the primary market. The BSE, NSE and the new entrant MCX Stock Exchange (MCX-SX) have shown interest in setting up a SME exchange. Satisfying SMEs’ need for capital has become critical, as over 2.91 crore units in MSME account for 40 per cent of the industrial output of the country and employ around 6 crore people.
