Description

BSE announces securities subject to Long Term Additional Surveillance Measure framework effective August 5, 2025.

Summary

BSE has issued the list of securities subject to Long Term Additional Surveillance Measure (LT-ASM) framework effective August 5, 2025. Seven securities have been shortlisted for inclusion in the framework, while no securities are moving between ASM stages or exiting the framework.

Key Points

  • 7 securities newly shortlisted for Long Term ASM Framework
  • No securities moving to higher or lower ASM stages
  • No securities moving out of the framework
  • Consolidated list includes securities across different ASM stages (I, II, III, IV)
  • Framework applies additional surveillance measures to manage trading risks

Regulatory Changes

  • Implementation of Long Term ASM framework for identified securities
  • Enhanced monitoring and surveillance measures for listed companies
  • Structured approach with different ASM stages based on risk assessment

Compliance Requirements

  • Securities under LT-ASM framework subject to additional surveillance measures
  • Enhanced disclosure and monitoring requirements for affected companies
  • Trading restrictions and special settlement procedures may apply

Important Dates

  • Effective Date: August 5, 2025
  • Framework applies from market opening on the effective date

Impact Assessment

Market Impact: Medium - affects trading conditions for specific securities under surveillance

Operational Impact: Companies included in the framework face enhanced scrutiny and potential trading restrictions. Investors should be aware of additional surveillance measures when trading these securities.

Risk Management: Framework designed to protect investor interests through enhanced monitoring of securities exhibiting unusual price movements or trading patterns.

Impact Justification

Affects trading conditions for specific securities under surveillance framework