Share India Capital Services, a subsidiary of Share India Securities, has recently informed exchanges that the company has signed a Memorandum of Understanding with the Centre of Excellence for aspiring SMEs (CoE) to support SMEs.
In the exchange filing, the company shared, “We are pleased to inform you that Share India Capital Services Private Limited, a wholly owned subsidiary of the Company has, today, i.e., on Friday, October 04, 2024, entered into a Memorandum of Understanding (MoU) with Centre of Excellence for Aspiring SMEs (CoE), a joint initiative of Federation of Indian Micro and Small & Medium Enterprises (FISME) and IFCI Limited (IFCI), to provide strategic guidance and support to small and medium enterprises (SMEs), facilitating their advancement to medium or large corporate status by arranging appropriate linkages for obtaining external equity and establishing critical business collaborations.”
This MoU was signed due to the challenges that mature SMEs have in accessing funds through SME IPO listing, as well as to support SMEs’ progress through mutually beneficial cooperation and exchanges.
