Receives NSE in-principle approval for migration from BSE SME platform to NSE Main Board
Bondada Engineering has received NSE's in-principle approval letter dated October 14, 2026 to migrate its equity shares from the BSE SME platform to the NSE Main Board.
By ScoutQuest · · 2 min read
- NSE In-principle Approval Letter Date
- October 14, 2026
- BSE In-principle Approval Date
- September 9, 2026
- Migration
- from the SME Platform of BSE Limited to the Capital Market Segment (Main Board) of NSE
What the company has informed
Bondada Engineering Ltd has told the stock exchange that it has received an In-principle Approval Letter dated October 14, 2026 from the National Stock Exchange of India Limited. The approval relates to the migration of the company's equity shares from the SME Platform of BSE Limited to the Capital Market Segment (Main Board) of NSE.
- The letter is an in-principle approval received by the company.
- Earlier, the company had received in-principle approval from BSE Limited on September 9, 2026 for migration of its equity shares from the BSE SME Platform to the Main Board of BSE.
- With the NSE approval in hand, the company states it has achieved a significant milestone towards establishing its presence on the Main Boards of both stock exchanges.
What an SME-to-Main Board migration means, in simple terms
SME platforms are meant for smaller companies, with their own set of trading and disclosure rules. A shift to the Main Board of an exchange moves the shares to the exchange's main trading platform. In the company's own words, the approval reflects another step towards enhancing the company's visibility, market presence and long-term value creation for its stakeholders.
Stage of the process
This is an approval received, not the completion of the migration. The company has said it will undertake the necessary subsequent formalities in accordance with the applicable regulatory and stock exchange requirements for completing the migration process.
What investors may want to track
- The company completing the subsequent formalities and the migration itself taking effect.
- Any further intimations from the company on the migration process.
The update's own words
- "In-principle Approval Letter" dated October 14, 2026 from NSE.
- "In-principle approval" from BSE Limited dated September 9, 2026.
- The company will "undertake the necessary subsequent formalities" for completing the migration.
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