‘NSE Emerge’ offers options for raising equity capital
The Ministry of Defence and National Stock Exchange of India Limited (NSE) , on 29 July 2024, signed a Memorandum of Understanding (MoU) to facilitate capital market access to the MSMEs .
The MoU will help MSMEs and emerging companies in defence sector to scale-up their business operations, explore new markets and fund their R&D activities bse .
NSE will also assist MSMEs in connecting with intermediaries like merchant bankers, registrar, transfer agent, depositories etc and guide them regarding the capital markets, capital raising mechanism and regulatory compliance and requirement iba .
The MoU intends to facilitate MSMEs in the defence sector to raise productive capital for their growth plan in an efficient and transparent manner through NSE platform ‘NSE Emerge’ digitalindia .
The platform offers new and viable options for raising equity capital from diversified set of investors, said the Ministry .
The MoU will be in force for a period of five years, during which, DDP and NSE would conduct an extensive awareness drive through seminars, MSME camps, knowledge sessions, road shows & workshops to guide corporates engaged with the Ministry for fund raising on NSE Emerge platform investindia. Fiinews.com
