Description

Shiv Aum Steels Limited will migrate from SME EMERGE platform to NSE Capital Market Segment (Main Board) effective November 14, 2025.

Summary

The National Stock Exchange of India has announced that Shiv Aum Steels Limited will migrate from the SME EMERGE platform to the Capital Market Segment (Main Board) with effect from November 14, 2025. The company’s equity shares will be admitted to dealings on the main board under the symbol SHIVAUM with ISIN INE719F01016. The company has 13,600,400 equity shares of Rs. 10/- each fully paid up with a market lot size of 1 share.

Key Points

  • Trading symbol: SHIVAUM
  • ISIN: INE719F01016
  • Total securities: 13,600,400 equity shares
  • Face value: Rs. 10/- per share
  • Market lot size: 1 share
  • Series: EQ (Equity)
  • Distinctive number range: 1 to 13,600,400
  • Pari Passu: Yes
  • Lock-in details: NA (No lock-in applicable)
  • Reference to original SME listing circular: NSE/CML/42259 dated September 30, 2019

Regulatory Changes

The company will transition from SME EMERGE platform regulations to Main Board listing requirements under NSE Capital Market Segment. This migration brings the company under the regulatory framework applicable to main board listed entities, including enhanced disclosure and compliance obligations.

Compliance Requirements

  • Exchange members must update trading systems to reflect the new listing segment
  • The company will be subject to main board listing agreement and compliance requirements
  • Shareholding pattern filed under Regulation 31(1)(a) as of November 11, 2025
  • Company confirms no partly paid shares, convertible securities, warrants, ESOPs, depository receipts, locked-in shares, pledged shares, or differential voting rights
  • Company confirms no significant beneficial owners

Important Dates

  • Circular date: November 12, 2025
  • Effective date of migration: November 14, 2025
  • Shareholding pattern filing date: November 11, 2025
  • Original SME listing: September 30, 2019

Impact Assessment

This migration represents a significant milestone for Shiv Aum Steels Limited, moving from SME platform to the main board. The impact includes:

  • Enhanced liquidity: Main board listing typically attracts broader investor participation and institutional interest
  • Increased visibility: Greater market recognition and analyst coverage
  • Regulatory compliance: Stricter disclosure and governance requirements
  • Trading continuity: Seamless transition with no disruption expected
  • Investor base expansion: Access to larger pool of investors including institutional investors who may have restrictions on SME investments

Company Details

Registered Office: 515, The Summit Business Bay, Opp. Cinemax Western Express Way, A.K. Road Andheri (East), Mumbai – 400093

Contact:

Registrar: Skyline Financial Services Private Limited A/506, Dattani Plaza, Andheri Kurla Road, Safeed Pool, Andheri East, Mumbai – 400072

Impact Justification

Company migration from SME to Main Board impacts trading venue and investor access but is procedural for existing shareholders