The BSE has released updated eligibility criteria for SME companies seeking migration to the Main Board, as well as for firms considering direct listing.The revised framework strengthens transparency, governance standards, and market preparedness, ensuring that only compliant and well-structured businesses access the Main Board.For companies planning capital market expansion, understanding these criteria early enables a smoother, more predictable transition and significantly reduces regulatory risk.In evolving capital markets, regulatory clarity is not just compliance, it is strategic advantage.