BSE and National Stock Exchange announced that they will reduce the annual listing fee by how much percent for MSMEs, as a part of their attempts to lower the compliance costs for companies during the ongoing COVID-19 pandemic?

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	15%
B	35%
C	20%
D	25%

Explanation:

Detailed explanation-1: -Annual listing fee payable by an Issuer is limited to a maximum of Rs. 5.50 lacs. The above fees shall be applicable on the incremental issues to be listed on and after April 01, 2022, and also to the existing Capital. The Annual Fees is Rs 25, 000/- or 0.01% of full market capitalization, whichever is higher.

Detailed explanation-2: -Eligibility Criteria: The minimum market capitalization of the Company shall be Rs. 25 crore (market capitalization shall be calculated by multiplying the post-issue paid-up number of equity shares with the issue price).

Detailed explanation-3: -The Minimum issued, paid up and listed equity capital of the applicant company shall not be less than Rs. 10 crores in each of the three preceding financial years. 2 Net worth requirement The net worth of the applicant company (after adjusting against the accumulated losses, if any) shall not be less than Rs.

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