LISTING REQUIREMENTS FOR COMPANIES LISTED ON OTHER STOCK EXCHANGES The Governing Board of the Exchange at its meeting held on 16th November, 2000 has decided that with effect from
1st December, 2000 for companies listed on other Stock Exchange and seeking listing at BSE, the threshold limit
will be Rs. 3 crores of minimum issued equity capital and the following criteria will be applicable : | 1. | Company should have profit making track record for atleast three years. | | 2. | Minimum networth of Rs. 20 crores (networth includes Equity capital and free reserves excluding revaluation reserves). | | 3. | Minimum market capitalisation of the listed capital should be Rs.20 crores, based on average price of last six months. | | 4. | Number of days traded during last six complete months should be minimum 50% of the total trading days during the same six months on any stock exchange. | | 5. | Minimum Average volume traded per day during the last three complete months should be 1000 shares and minimum 5 trades per day. | | 6. | Minimum 25% of the company's issued capital should be with public (inclusive of bodies corporate) and minimum 15 shareholders per Rs.1 lakh of capital in the public category. | | 7. | The company should be agreeable to sign an agreement with CDSL & NSDL for demat trading etc. |
J. J. Bhatt
Director(Investors Service & Listing)
21st November, 2000 | 