Wednesday, 16 September 2009

* Boards at the CSE for Listing of Equity

There are two Boards at the CSE for Listing of Equity. They are the Main Board and the Diri Savi Board. Given below are the requirements that are needed to list on the said boards.

Main Board:

Eligibility to be listed

1. The stated capital representing shares for which a listing is sought should be not less than Rs. 100 Mn

2. A net profit after tax for three (3) consecutive years immediately preceding the date of application.

3. A Public Holding of 25 percent of the total number of shares for which listing is sought should be in the hands of a minimum of 1,000 shareholders holding not less than 100 shares each.

Diri Savi Board:

Eligibility to be listed

1. The stated capital representing shares for which a listing is sought should be not less than Rs. 35 Mn

2. Public Holding of 10 percent.

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