Mumbai, June 27: BSE has signed a memorandum of understanding (MoU) with Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) for promoting and creating awareness in the state on the benefits of listing on BSE SME platform.
Through the partnership, BSE will provide intellectual and manpower support to enterprises registered with MACCIA to get listed in BSE SME platform.
BSE SME will also provide training and capacity building programs to MACCIA officials, a statement said here on Monday.
BSE will appoint a nodal person as single point contact in Maharashtra for providing end to end solution with respect to registration or listing on the BSE SME platform.
“This MoU will help the micro, small and medium industries in the state to get registered in the capital market and raise capital from the public capital market. BSE will also provide technical support to all the MSME industries in Maharashtra,” Lalit Gandhi, President, Maharashtra Chamber of Commerce, Industry and Agriculture, said.
Commenting on the development, Ajay Thakur, Head, BSE SME and Startup, said “Through this association we continue our efforts in increasing knowledge and awareness on benefits of listing on the exchange and raising equity capital. With the help of MACCIA we aim to further reach out to the SMEs in deeper Maharashtra and help them to get listed on the BSE SME Platform.”
Recently, BSE had signed an MoU with Federal Bank to promote listing of SMEs, Startups.
Till date 375 companies have been listed on BSE SME Platform and have raised Rs. 3,997.58 crore from the market, the statement added.
With UNI Inputs….
