Description
BSE announces securities shortlisted for Long Term Additional Surveillance Measure framework effective August 1, 2025.
Summary
BSE has announced the applicability of Long Term Additional Surveillance Measure (LT-ASM) framework effective August 1, 2025. The circular lists securities being added to and removed from the LT-ASM framework, along with a consolidated list of all securities currently under various ASM stages.
Key Points
- 5 securities newly shortlisted for Long Term ASM Framework
- 1 security (Remi Edelstahl Tubulars Ltd) moving out of LT-ASM due to inclusion in ESM Framework
- No securities moving between ASM stages
- Consolidated list shows securities across different ASM stages (I, II, III, IV)
- Framework includes special markings for T+0 scrips and various compliance categories
Securities Added to LT-ASM
- Advait Energy Transitions Ltd (543230)
- Arman Holdings Ltd (538556)
- Garuda Construction and Engineering Ltd (544271)
- Hilltone Software and Gases Ltd (544308)
- Hind Rectifiers Ltd (504036)
Securities Removed from LT-ASM
- Remi Edelstahl Tubulars Ltd (513043) - moved to ESM Framework
Important Dates
- Effective Date: August 1, 2025
Impact Assessment
Securities under LT-ASM framework face enhanced surveillance measures including stricter position limits, margin requirements, and monitoring. The addition of 5 new securities expands regulatory oversight while the removal of 1 security indicates successful compliance or transfer to other regulatory frameworks. This affects trading strategies and risk management for market participants dealing with these securities.
Impact Justification
Affects specific securities with enhanced surveillance measures that impact trading parameters