The National Stock Exchange (NSE) on June 19, 2023, issued a Press release regarding signing an MoU with Govt. of MP to facilitate fundraising for SMEs in the State
The following has been stated namely: -
• It states that the National Stock Exchange (NSE) and the Government of Madhya Pradesh have signed a Memorandum of Understanding (MoU) to spread awareness amongst MSMEs of the state regarding fundraising via IPO mechanism using the NSE SME Platform – Emerge
• It states that the NSE with the support of the Government of Madhya Pradesh will conduct awareness drive-through seminars, MSME camps, knowledge sessions, road shows, and workshops to guide corporates across the state for fundraising on the NSE Emerge platform and handhold the companies in the listing process.
• This MoU aims to encourage and support the MSMEs of our state and enable them to pursue the capital market for growth opportunities. This would help the MSMEs of the state to showcase their business to a wider set of investors through NSE Emerge and attract capital investments.
