Description
BSE announces securities entering, exiting, and continuing in Short Term ASM framework effective July 31, 2025.
Summary
BSE has announced updates to the Short Term Additional Surveillance Measure (ST-ASM) framework effective July 31, 2025. Three securities are being newly added to the framework, one security will move to a higher stage, and eight securities are exiting the framework.
Key Points
- 3 securities newly shortlisted for ST-ASM framework (5/15/30 days)
- 1 security moving to higher stage ASM while continuing in ST-ASM
- 8 securities moving out of ST-ASM framework
- Some securities exiting ST-ASM due to inclusion in other surveillance frameworks (LT-ASM)
- Framework includes SME scrips and regular securities
Securities Entering ST-ASM Framework
New Additions (Stage I):
- Benara Bearings and Pistons Ltd (541178) - SME scrip
- Hind Rectifiers Ltd (504036)
- Optimus Finance Ltd (531254)
Moving to Higher Stage:
- Vashu Bhagnani Industries Ltd (532011)
Securities Exiting ST-ASM Framework
- Arfin India Ltd (539151)
- Diamond Power Infrastructure Ltd (522163)
- Garg Furnace Ltd (530615)
- Indo Us Bio-Tech Ltd (541304)
- Infobeans Technologies Ltd (543644) - moving to LT-ASM
- Narmada Agrobase Ltd (543643)
- Sharda Cropchem Ltd (538666) - moving to LT-ASM
- Subhash Silk Mills Ltd (530231)
Important Dates
- Effective Date: July 31, 2025
Impact Assessment
The ST-ASM framework imposes additional trading restrictions and surveillance measures on selected securities. Securities entering the framework will face enhanced monitoring and potential trading limitations, while those exiting will have reduced surveillance measures. The movement of some securities to LT-ASM indicates continued regulatory oversight under different frameworks.
Impact Justification
Affects trading conditions for multiple securities through surveillance framework changes