BSEC increases investment limit for SMEs transaction

The Bangladesh Securities and Exchange Commission (BSEC) has set a minimum investment limit of Tk 30 lakh for qualified investors in the SME sector.

This decision was taken in the regular meeting of BSEC on Wednesday (July 27), according to a notification.

Earlier on February 17, to increase the participation of investors in the SME market, BSEC had brought down the investment in the stock market from Tk 50 lakh to Tk 20 lakh in order to become a qualified investor.

But this time investors have set an investment limit of Tk 30 lakh in their portfolio. This directive will be effective from November 1.

Investors who have less than Tk 30 lakh in their portfolio on that day will not be able to transact in the SME sector.

However, if a new investor wants to do business in the SME sector, he or she should have an investment of Tk 30 lakh in their portfolio from July 28.