Description
BSE updates Enhanced Surveillance Measure framework with securities moving in, out, and between stages.
Summary
BSE has updated the Enhanced Surveillance Measure (ESM) framework effective August 4, 2025, with changes affecting multiple securities across different stages of surveillance.
Key Points
- 4 new securities added to ESM framework
- 2 securities moved to higher ESM stages
- 37 securities moved to lower ESM stages
- 5 securities removed from ESM framework entirely
- Changes effective from August 4, 2025
Securities Added to ESM
- Alan Scott Industries Ltd (539115)
- Auto Pins (India) Ltd (531994)
- Esha Media Research Ltd (531259)
- India Steel Works Ltd (513361)
Securities Moved to Higher ESM Stage
- Desh Rakshak Aushdhalaya Ltd (531521)
- Vikram Aroma Ltd (544371)
Securities Moved to Lower ESM Stage
37 securities including:
- Aarey Drugs & Pharmaceuticals Ltd (524412)
- Aayush Wellness Ltd (539528)
- Aditya Consumer Marketing Ltd (540146)
- Multiple other companies across various sectors
Securities Removed from ESM
- A.F. Enterprises Ltd (538351)
- Adhata Global Ltd (531286)
- Akshar Spintex Ltd (541303)
- Alliance Integrated Metaliks Ltd (534064)
- Alphalogic Industries Ltd (543937)
Important Dates
- Effective Date: August 4, 2025
Impact Assessment
Securities under ESM face additional trading restrictions and surveillance. Movement to higher stages increases restrictions, while movement to lower stages or removal reduces surveillance measures. This affects liquidity and trading patterns for the listed securities.
Impact Justification
Affects trading conditions for multiple securities under surveillance framework