The initiative will also support NGOs and social organisations working in sectors such as education and healthcare
Chhatrapati Sambhajinagar : Chamber of Marathwada Industries and Agriculture (CMIA) has signed an MoU with BSE Ltd to facilitate the listing of 100 firms from Marathwada on the stock exchange, boosting the region’s participation in capital markets. The agreement was signed recently in the presence of BSE managing director and CEO Sundararaman Ramamurthy and CMIA office bearers.
Eligible businesses will get direct guidance on IPO (initial public offering)s on BSE’s main board and SME platform — from paperwork to regulatory compliance to actually raising crores from the market,” CMIA president Atharveshraj Nandawat said. Special programmes for students, professionals and common citizens will teach safe investing, financial planning and how to spot a fraud before it empties your account,” CMIA secretary Ajinkya Save said. “Till now, raising capital meant bank loans and private money. Now, the doors of Dalal Street are opening for Marathwada’s entrepreneurs. Under the partnership, aspiring firms will receive guidance on the listing process through workshops, expert sessions and one-on-one mentoring aimed at simplifying IPO-related procedures and compliance requirements. “The deal also takes a head-on fight against cyber fraud — the fake trading apps, the ‘double your money’ scams, the WhatsApp tips that have looted lakhs from innocent investors.