Description
R M Drip and Sprinklers Systems Limited will migrate from SME EMERGE platform to NSE Main Board effective July 30, 2025.
Summary
R M Drip and Sprinklers Systems Limited will migrate from the SME EMERGE platform to the NSE Capital Market Segment (Main Board) effective July 30, 2025. The company was originally listed on SME EMERGE platform on October 3, 2017.
Key Points
- Company: R M Drip and Sprinklers Systems Limited
- NSE Symbol: RMDRIP
- ISIN: INE219Y01018
- Face Value: Rs. 10/-
- Total securities: 24,980,000 equity shares
- Market lot: 1 share
- Series: EQ (Equity)
Regulatory Changes
Migration from SME EMERGE platform to Main Board under Capital Market Segment, allowing broader investor participation and enhanced liquidity.
Compliance Requirements
No specific compliance requirements mentioned for market participants. Standard Main Board listing compliance will apply.
Important Dates
- Effective Date: July 30, 2025
- Original SME Listing: October 3, 2017
- Circular Date: July 28, 2025
Impact Assessment
The migration to Main Board enhances the company’s visibility and accessibility to institutional investors, potentially improving liquidity. The company operates in the drip irrigation sector with registered office in Maharashtra. Registrar services provided by Bigshare Services Private Limited.
Impact Justification
Platform migration affects trading venue and may impact liquidity and investor access for the company