Description

BSE announces addition of new securities to Enhanced Surveillance Measure framework and movement of existing securities to higher stages effective July 29, 2025.

Summary

BSE has updated the Enhanced Surveillance Measure (ESM) framework effective July 29, 2025. Two new securities have been added to ESM Stage I, while three existing securities will move to higher ESM stages. No securities are moving out of the ESM framework or to lower stages.

Key Points

  • 2 new securities added to Enhanced Surveillance Measure (ESM) framework
  • 3 existing securities moved to higher ESM stages
  • No securities removed from ESM framework
  • Changes effective from July 29, 2025
  • Consolidated list shows 30+ securities currently under ESM across different stages

Securities Added to ESM (Stage I)

  • Covidh Technologies Ltd (Code: 534920, ISIN: INE899M01020)
  • Kreon Finnancial Services Ltd (Code: 530139, ISIN: INE302C01018)

Securities Moving to Higher ESM Stages

  • Omnitex Industries India Ltd (Code: 514324, ISIN: INE814D01010)
  • Softrak Venture Investment Ltd (Code: 531529, ISIN: INE562E01021)
  • Yarn Syndicate Ltd (Code: 514378, ISIN: INE564C01013)

Regulatory Changes

The Enhanced Surveillance Measure framework continues to monitor securities with abnormal price movements or trading patterns. Securities under ESM are subject to additional monitoring and may have trading restrictions.

Compliance Requirements

  • Trading members must ensure compliance with ESM requirements for affected securities
  • Enhanced due diligence required for transactions in ESM securities
  • Adherence to applicable trading restrictions and surveillance measures

Important Dates

  • Effective Date: July 29, 2025
  • All changes to ESM classifications become applicable from market opening on this date

Impact Assessment

The addition of new securities and stage upgrades indicate continued regulatory focus on market surveillance. Investors and traders dealing in these securities should expect enhanced monitoring and potential trading restrictions. The ESM framework helps maintain market integrity by identifying and monitoring securities with unusual trading patterns.

Impact Justification

Affects trading conditions for specific securities under enhanced surveillance framework