NSE decides to remove Baheti Recycling Industries from the Nifty SME Emerge Index
Baheti Recycling Industries Ltd.'s transfer from the NSE SME Emerge platform to the Capital Market Segment, Main Board, will also take effect at the index level from 6 November 2026. Under this change, the company will be removed from the Nifty SME Emerge Index, with no new company being added to the index.
Highlights
- Baheti Recycling Industries Ltd.'s migration from the NSE SME Emerge platform to the Main Board has been announced.
- NSE Indices Limited's Index Maintenance Sub-Committee (Equity) has decided to remove Baheti Recycling Industries Ltd. from the Nifty SME Emerge Index.
- The change will take effect on 6 November 2026 and will be implemented after the market closes on 5 November 2026, with no new company added to the index.
This article was translated from the original. Read the original version by our correspondent here.
Index changes following the transfer
According to the National Stock Exchange of India Limited (National Stock Exchange of India Limited), Baheti Recycling Industries Ltd. has been approved to migrate from the NSE SME Emerge platform to the Capital Market Segment, Main Board. In line with this circular, the Index Maintenance Sub-Committee (Equity) of NSE Indices Limited has decided to remove the company from the Nifty SME Emerge Index.The change will take effect on 6 November 2026 and will be implemented after the market closes on 5 November 2026. According to the published details, Baheti Recycling Industries Ltd., whose trading symbol is BAHETI, will be removed from the index.
Impact on the SME index composition
This review removes only one company from the index, with no announcement of a new addition. This means the change adjusts the index composition to reflect the company's transfer to the Main Board.Such changes typically reflect shifts in companies' status between the SME platform and the main market. The effective date and the timeline for implementation after the market close will be important for investors and market participants tracking the index.
NSE's “SME IPO ‘Idea to IPO’ workshop” held in Varanasi informed MSME entrepreneurs in Uttar Pradesh about the public capital markets and the process, benefits, and requirements for listing on NSE Emerge. Our previous coverage also noted that hundreds of companies have listed on the Emerge platform and raised capital, and that regular awareness sessions are being encouraged to increase SME listings in the state.