By InvestAdvocate
Lagos (INVESTADVOCATE)-Chellarams Plc said on Friday it has obtained the approval of Nigerian Stock Exchange (NSE) to migrate from the Main Board to the ASeM Board of NSE.
“Chellarams Plc through its Stockbroker filed an application for migration to the ASeM Board as a result of the company’s inability to meet the free float requirements of the Main Board,” the company said in an issuer’s announcement to the Exchange.
The effective date for the migration was Monday, 20 March 2017.
“All other information relating to the company remains unchanged,” Chellarams added.
