Define 'SME Exchange'. What are the exemptions available for securities listed at SME Exchange ?

'SME Exchange' means a trading platform of a recognized stock exchange having nationwide trading terminals by SEBI to list the specified securities issued and includes a stock exchange granted recognition for this purpose but does not include the Main Board, a stock exchange other SME exchange. The exemptions available for securities listed at SME Exchange are as under: Filing of draft offer document [Regulation 6(1)(2) and (3) of SEBI (ICDR) Regulation, 2009] In principal approval from the recognized exchanges (Regulation 7 of SEBI (ICDR) Regulation, 2009) Submission of certain documents before opening of an issue (Regulation 8 of SEBI (ICDR) Regulation, 2009) Draft offer document to be made to the public (Regulation 9 of SEBI (ICDR) Regulation, 2009) Fast Track issues (Regulation 10) Conditions of initial public offer (Regulation 26 of SEBI (ICDR) Regulation, 2009) Conditions for further public offer (Regulation 27 of SEBI (ICDR) Regulation, 2009) Minimum application value related provisions [Regulation 49(1) of SEBI (ICDR) Regulation, 2009]