NSE tightens mainboard migration rules for SME

NSE (National Stock Exchange) is tightening the mainboard migration rules for SMEs (Small and Medium Enterprises). This move aims to ensure that companies transitioning from the SME platform to the mainboard meet more stringent eligibility criteria. The tightening of rules is likely intended to protect investors and maintain the integrity of the mainboard by ensuring that only fundamentally strong and compliant companies are allowed to migrate. This will likely involve stricter requirements related to financial performance, corporate governance, and compliance.