Description
BSE announces securities entering and exiting Long Term Additional Surveillance Measure framework effective July 29, 2025.
Summary
BSE has updated the Long Term Additional Surveillance Measure (LT-ASM) framework effective July 29, 2025. Two new securities have been added to the framework, one security has been moved to direct stage IV ASM, and one security has been removed from the framework.
Key Points
- Two securities newly shortlisted for Long Term ASM: Emerald Leisures Ltd and Shetron Ltd
- Arihant Foundations & Housing Ltd moved to direct stage IV ASM framework
- Kreon Finnancial Services Ltd removed from Long Term ASM due to inclusion in ESM Framework
- Changes effective from July 29, 2025
- Consolidated list shows multiple securities across different ASM stages
Securities Changes
New Additions to LT-ASM:
- Emerald Leisures Ltd (Scrip Code: 507265, ISIN: INE044N01021)
- Shetron Ltd (Scrip Code: 526137, ISIN: INE278C01010)
Direct Stage IV ASM:
- Arihant Foundations & Housing Ltd (Scrip Code: 531381, ISIN: INE413D01011)
Removed from LT-ASM:
- Kreon Finnancial Services Ltd (Scrip Code: 530139, ISIN: INE302C01018) - moved to ESM Framework
Compliance Requirements
- Securities under LT-ASM framework are subject to enhanced surveillance measures
- Trading in these securities may have additional restrictions and monitoring
- Market participants should note the stage-wise progression in ASM framework
Important Dates
- Effective Date: July 29, 2025
- All changes to surveillance measures become applicable from this date
Impact Assessment
The LT-ASM framework affects trading liquidity and investor participation in the specified securities. Companies and investors in these securities should be aware of the enhanced surveillance measures and potential trading restrictions that may apply.
Impact Justification
Affects specific securities with enhanced surveillance measures, impacting trading parameters for listed companies