Description

BSE announces movement of one security to GSM Stage II under the Graded Surveillance Measure framework.

Summary

BSE has announced the movement of Adishakti Loha And Ispat Limited (Security Code: 543377, ISIN: INE0CWK01019) to GSM Stage II under the Graded Surveillance Measure framework.

Key Points

  • Only one security affected in this GSM update
  • Adishakti Loha And Ispat Limited moved to GSM Stage II
  • Security Code: 543377
  • ISIN: INE0CWK01019

Regulatory Changes

Movement to GSM Stage II typically involves enhanced surveillance measures including:

  • Stricter monitoring of trading activities
  • Potential trading restrictions
  • Additional compliance requirements for the listed company

Compliance Requirements

  • Listed company must comply with enhanced surveillance measures
  • Investors should be aware of GSM Stage II implications for trading
  • Market participants should note the surveillance status change

Important Dates

  • Circular Date: July 31, 2025
  • Effective immediately upon announcement

Impact Assessment

Limited market impact as only one security is affected. The GSM framework is designed to protect investor interests by monitoring securities that may pose higher risks. Stage II surveillance may result in reduced liquidity and increased volatility for the affected security.

Impact Justification

Single stock GSM stage movement with limited market impact