Description
BSE announces securities moving into and out of Short Term Additional Surveillance Measure framework effective August 6, 2025.
Summary
BSE has announced changes to the Short Term Additional Surveillance Measure (ST-ASM) framework effective August 6, 2025. Eight securities are being added to the ST-ASM framework while two securities are moving out of it.
Key Points
- 8 securities shortlisted for ST-ASM framework including Ashram Online.Com Ltd, Markolines Pavement Technologies Ltd, and Netweb Technologies India Ltd
- 2 securities moving out of ST-ASM framework: Angel Fibers Ltd and Signpost India Ltd
- No securities moving to higher or lower stage ASM within the framework
- Framework includes 5/15/30 days surveillance stages
- SME scrips are specifically marked in the listings
Regulatory Changes
Implementation of Short Term Additional Surveillance Measure on selected securities based on market behavior and risk assessment criteria.
Compliance Requirements
- Trading members must ensure compliance with ST-ASM framework requirements
- Enhanced monitoring and reporting for securities under surveillance
- Adherence to specific trading restrictions as applicable to each surveillance stage
Important Dates
- Effective Date: August 6, 2025 - New ST-ASM framework changes take effect
Impact Assessment
The surveillance measures will impose additional trading restrictions on the affected securities, potentially reducing liquidity and increasing compliance burden for market participants. The measures are designed to curb excessive speculation and ensure orderly trading in volatile securities.
Impact Justification
Affects multiple securities with trading restrictions but limited to specific surveillance measures