India’s SEBI Proposes Allowing Companies Valued Under ₹10B to List on SME Board

The significance lies less in the threshold itself than in what it signals: a regulator actively widening the pipeline of smaller issuers onto public markets. That affects early-stage Indian companies and the exchanges competing for their listings, and it sits within a broader global push to bring smaller, often tokenizable assets into regulated venues. Whether the proposal advances, and how disclosure and liquidity safeguards are calibrated for lower-valued issuers, is the open question worth watching.