Consider the following statements with respect to the new guidelines issued by BSE for SMEs looking to migrate to main board- I.According to the fresh guidelines issued by BSE,  the applicant will be required to have a net worth of at least Rs 20 crore for the preceding two financial years. II.  Under the guidelines, the applicant firm needs to be listed on the SME platform for at least three years. Besides, they need to have 300 public shareholders before shifting to the main board. III.  In addition, the SME should have a positive operating profit for at least any two out of three financial years and have a positive profit after tax (PA

• T in the immediate financial year of making the migration application to the bourse. Which of the following statements is/are not correct?