Will The New ESM Framework Plug The Gaps?
In the dynamic world of finance where opportunities abound and risks lurk, a momentous decision has emerged to reshape the landscape for micro-cap stocks in India. The Securities and Exchange Board of India (SEBI), in a collaborative effort with the esteemed National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), has unfurled a groundbreaking revision to the Enhanced Surveillance Measure (ESM) framework. This remarkable move signifies a giant leap forward, not just for market liquidity, but for the nurturing of growth opportunities that lie within the realm of micro-cap companies.