New Delhi: Value 360 Communications Limited has announced that it has received an in-principle approval from the National Stock Exchange of India (NSE) for the proposed listing of its equity shares on the NSE Emerge platform, subject to the company meeting all regulatory requirements and completing the requisite formalities.
The approval marks a key regulatory milestone following the filing of the company’s Draft Red Herring Prospectus (DRHP). However, the company clarified that this in-principle approval does not amount to confirmation of the issue nor does it indicate any approval of the securities offered. Final approval will be granted upon filing the Red Herring Prospectus (RHP), the Prospectus, and fulfilling all conditions mandated by NSE and SEBI.
Value 360 Communications is an integrated communications firm working across public relations, digital communications, creative strategy, and reputation management. The proposed SME IPO aligns with the company’s long-term vision to strengthen capabilities across its group entities and expand its service offerings.
Kunal Kishore, Chairman and Managing Director of Value 360 Communications Limited, said, “We acknowledge the in-principle approval granted by NSE. This is a procedural step in the overall regulatory process, and we remain focused on fulfilling all compliance requirements in line with the applicable guidelines.”
The company reiterated its commitment to adhering to all disclosure norms as required under SEBI and stock exchange regulations. Further updates will be shared through appropriate statutory channels.
