Board approves BSE Main Board migration, NSE listing and new independent director
Migration of listing/trading of equity shares from SME Platform of BSE to Main Board of BSE.
- Board Meeting Date
- Monday, 12th October 2026
- New Independent Director
- Mrs. Shreya Sancheti (DIN: 11532921), Additional (Non-Executive) Independent Director w.e.f. 12/10/2026
- Meeting Timings
- commenced at 04:00 P.M. and concluded at 05:30 P.M.
Three items from one board meeting
The company informed the exchanges that its Board of Directors, at a meeting held on Monday, 12th October 2026, considered and approved three items. The meeting commenced at 04:00 P.M. and concluded at 05:30 P.M.
What the board approved
- Migration of listing/trading of the equity shares of the company from the SME Platform of BSE to the Main Board of BSE
- Direct listing/trading of the equity shares of the company from the Main Board of BSE to the Main Board of NSE
- Appointment of Mrs. Shreya Sancheti (DIN: 11532921) as an Additional (Non-Executive) Independent Director of the company w.e.f. 12/10/2026
What the migration involves
The BSE SME Platform and the BSE Main Board are different segments of the exchange. The board has approved moving the listing and trading of the company's equity shares from the SME Platform to the BSE Main Board, and separately a direct listing and trading of the shares on the Main Board of NSE. Both are platform-level changes in where the shares are listed and traded.
Still subject to approvals
The update states that the above decision of the Board of Directors is subject to the approval of the members of the Company, Stock Exchanges and any other necessary regulatory authorities. Notice of Postal Ballot shall be sent shortly to the members, so shareholders will be asked to vote on it.
About the new director
Mrs. Shreya Sancheti is described in the update as a Company Secretary and governance professional with over 6 years of professional experience across corporate governance, secretarial practice, regulatory compliance and business operations. The update adds that she brings expertise in corporate and secretarial matters along with practical exposure to finance, foreign exchange, import-export operations and international banking transactions, and that this enables her to bring an objective, independent and business-oriented perspective to board discussions. She is not related to any Director of the Company, and is not debarred from accessing the capital markets or restrained from holding the position of Director in any listed company by virtue of any order of SEBI or any other such authority.
Points to track
- The postal ballot notice and the outcome of the member vote
- Approvals from the stock exchanges and any other necessary regulatory authorities
- The effective date on which the migration to the BSE Main Board and the NSE Main Board listing take place
More numbers
- Professional experience of the appointed independent directorover 6 years
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