Description
BSE updates the list of securities under Short Term Additional Surveillance Measure framework with new additions and removals effective July 30, 2025.
Summary
BSE has updated the Short Term Additional Surveillance Measure (ST-ASM) framework effective July 30, 2025. Four new securities have been added to the ST-ASM framework, while two securities are moving out due to inclusion in other surveillance frameworks.
Key Points
- 4 securities newly shortlisted in Short Term 5/15/30 Days ASM Framework
- 2 securities moving out of ST-ASM Framework
- No securities moving to higher or lower stage ASM within the framework
- Changes effective from July 30, 2025
Securities Added to ST-ASM Framework
New Additions (Stage I):
- Brightcom Group Ltd (532368, INE425B01027)
- IIRM Holdings India Ltd (526530, INE670C01026)
- The Phosphate Company Ltd (542123, INE398C01016)
- Vimta Labs Ltd (524394, INE579C01029)
Securities Removed from ST-ASM Framework
- Mirc Electronics Ltd (500279, INE831A01028)
- Panth Infinity Ltd (539143, INE945O01019) - moved to ESM Framework
Regulatory Changes
The ST-ASM framework continues to operate with 5/15/30 days surveillance stages, with securities subject to additional monitoring and trading restrictions based on their risk profile.
Important Dates
- Effective Date: July 30, 2025
Impact Assessment
The changes affect trading in the specified securities through enhanced surveillance measures. Securities in ST-ASM framework face additional monitoring, margin requirements, and trading restrictions designed to curb excessive speculation and volatility.
Impact Justification
Affects trading mechanisms for specific securities but limited to surveillance framework changes