SME-to-mainboard express hits the slow lane amid tighter rules
“After a phase of strong SME-to-mainboard migrations, the pace has moderated following tighter eligibility norms,” said Pranav Haldea, managing director of Prime Database Group. “The mainboard carries both prestige and scale. The idea is to preserve the sanctity of the mainboard, ensuring only companies meeting higher financial and governance thresholds graduate,” he said. Source