Description
BSE updates list of securities under Short Term ASM framework with additions and removals effective July 28, 2025
Summary
BSE has updated the Short Term Additional Surveillance Measure (ST-ASM) framework effective July 28, 2025. Five securities are being added to the ST-ASM framework (Stage I), while four securities are moving out of the framework. The circular provides consolidated lists of all securities currently under the ST-ASM framework with their respective stages.
Key Points
- 5 new securities added to Short Term 5/15/30 Days ASM Framework (Stage I)
- 4 securities moving out of ST-ASM Framework
- No securities moving to higher or lower ASM stages
- Comprehensive consolidated list of all securities under ST-ASM provided
- Includes special markings for NSE securities, SME scrips, and T+0 scrips
Regulatory Changes
The ST-ASM framework continues to operate with its existing structure of Stage I surveillance measures. Securities under this framework face additional monitoring and potential trading restrictions to ensure market stability and investor protection.
Compliance Requirements
- Market participants must note the updated list of securities under ST-ASM
- Trading in these securities will be subject to additional surveillance measures
- Brokers and trading members should update their systems to reflect the changes
Important Dates
- Effective Date: July 28, 2025 - All changes to ST-ASM framework take effect
Impact Assessment
The changes affect a limited number of securities with moderate trading impact. Securities moving into ST-ASM may experience reduced liquidity and increased monitoring. The framework serves as a risk management tool to protect investors from excessive price volatility in specific stocks. Market participants should adjust their trading strategies for affected securities accordingly.
Impact Justification
Routine surveillance measure updates affecting specific securities with trading restrictions but limited market-wide impact