BSE signs MoU with Government of Chhattisgarh to promote listing of SMEs in the state

BSE, India’s premier exchange and the world’s fastest Stock Exchange with a speed of 6 microseconds, has today signed a memorandum of understanding (MoU) with Government of Chhattisgarh to help in spreading awareness about the benefits of SME listing, committing to the healthy growth of SMEs.

Through this MoU, BSE will provide intellectual and manpower support to create awareness about the benefits of listing among SMEs and will conduct generation/capacity building programs. Besides, BSE will provide training and capacity building support to District Industries Centre officials of Government of Chhattisgarh.

As part of this association, the Department of Industries and Commerce will provide support in mobilizing the SME representatives through District Industries Centre. They will also help in mobilizing the State/Regional associations/chambers to encourage their SME members to attend capacity building programs.

BSE became the first stock exchange to get the approval from SEBI and had launched its SME platform on March 13, 2012. So far 353 companies listed on BSE SME Platform have raised Rs. 3,731.81 crore from the market and total market capitalization of 353 companies as on October 26, 2021 is Rs. 38,538 crores, out of which 117 companies are migrated to BSE Main Board. BSE is the market leader in this segment with a market share of 61 per cent.