Capital Markets Authority is set to consider waiving listing fees for companies

Business | Friday 17 Mar 2017 10:26 pm

The capital markets authority is set to consider waiving listing fees for companies in a bid to spur listings on the growth enterprise market segments from the current 5. So far, capital markets authority has signed up 70 potential issuers for the business incubator and accelerator on the listing experience event to be held on 30-31 march 2017. According to the authority, the initiative is aligned to the capital markets master plan target to increase listings on the growth enterprise market segment of nse by 3-4 companies annually. This will in the long run translate to approximately 40 additional companies by 2023. The authority will also work with business incubators to accelerate the growth and success of entrepreneurial companies through an array of business support resources and services to engage with firms that are not ready to list but have promising prospects that could be nurtured through incubation.