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The National Stock Exchange (NSE) aims to launch its Small and Medium Enterprises (SME) exchange platform this month.
“We have got final approval from SEBI. We will launch the platform this month,” NSE Vice-President, Mr K. Hari, told presspersons on the sidelines of a FICCI-organised seminar on MSME financing here last evening.
The NSE received the Securities and Exchange Board of India’s (SEBI) nod to start its proposed SME exchange in October this year.
The SME exchange will be a separate platform within the NSE. The platform is expected to offer SMEs opportunities to raise equity from the market and unlock the intrinsic value of these enterprises.
Mr Hari said a lot of companies have shown interest in the SME platform.
“A lot of companies have shown interest in the SME platform. We have interacted with more than 50 to 60 companies,” he stated.
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