Khazanchi Jewellers gets in-principle approval for main board migration
- Received in-principle approval from BSE and NSE for migration to Main Board
- BSE approval dated September 11, 2026; NSE approval dated October 19, 2026
- Approvals valid for 45 days subject to compliance with listing formalities
- Must submit Final Information Memorandum and execute Listing Agreement

*this image is generated using AI for illustrative purposes only.
Khazanchi Jewellers Limited has received in-principle approval from both BSE Limited and National Stock Exchange of India Limited (NSE) for migrating its equity shares from the BSE SME platform to their respective Main Boards.
The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The move marks a significant step in the jeweller's transition from the small and medium enterprises segment to the broader capital market segment, subject to final compliance formalities.
Approval details from exchanges
The BSE granted in-principle approval vide Reference No. LO\MIGRATION\PJ\IP\272\2026-2027 dated September 11, 2026. The application was considered by the Internal Regulatory Oversight and Review Group (IRORG) of the exchange. Separately, the NSE issued its approval vide Reference No. NSE/LIST/72 dated October 19, 2026. Both approvals are contingent upon the company completing specific listing formalities and submitting required documents.
| Exchange | Reference Number | Date of Approval | Validity Period |
|---|---|---|---|
| BSE Limited | LO\MIGRATION\PJ\IP\272\2026-2027 | September 11, 2026 | 45 days |
| NSE Limited | NSE/LIST/72 | October 19, 2026 | 45 days |
Compliance requirements
To secure final listing and trading approval, Khazanchi Jewellers must submit a formal application for listing on the Main Board. The company is also required to file a Final Information Memorandum in the format prescribed under Section 26 of the Companies Act, 2013. This document must be updated as on the date of submission and certified by the Managing Director or Company Secretary.
Further conditions include:
- Execution of the Listing Agreement and compliance with SEBI LODR Regulations, 2015.
- Submission of the latest shareholding pattern in the prescribed SEBI format.
- Payment of applicable Initial Listing Fee, Annual Listing Fee, and taxes.
- Provision of any additional clarifications or undertakings requested by the exchanges.
Upon migration to the Main Board, all applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including those related to corporate governance, will become effective from the date trading commences on the Main Board. The in-principle approvals remain valid for a period of 45 days from the respective dates of issuance.
Historical Stock Returns for Khazanchi Jewellers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.57% | +0.63% | -3.04% | +2.92% | +14.20% | +378.58% |
How will the migration to the Main Board impact Khazanchi Jewellers' liquidity and trading volumes compared to its SME platform performance?
What specific corporate governance upgrades is the company implementing to meet the stricter SEBI LODR requirements on the Main Board?
Does the company plan to utilize the enhanced visibility from Main Board listing to raise additional capital for expansion or debt reduction?


































