Applicability of Short Term Additional Surveillance Measure (ST-ASM)

Description

BSE updates on securities entering, exiting, and continuing in Short Term Additional Surveillance Measure framework effective August 06, 2025.

Summary

BSE has updated the list of securities under Short Term Additional Surveillance Measure (ST-ASM) framework effective August 06, 2025. Eight securities have been newly shortlisted, while two securities are moving out of the framework.

Key Points

• 8 securities newly shortlisted in Short Term 5/15/30 Days ASM Framework
• 2 securities moving out of ST-ASM Framework
• No securities moving to higher or lower stage ASM
• Framework includes regular equity scrips, SME scrips, and T+0 scrips
• Consolidated list shows securities across different ASM stages

Regulatory Changes

Short Term Additional Surveillance Measure framework updated with new inclusions and exclusions to monitor price volatility and trading patterns in specific securities.

Compliance Requirements

• Trading members must adhere to enhanced surveillance parameters for listed securities
• Special margin and delivery requirements apply to securities under ST-ASM
• Brokers must inform clients about surveillance status of these securities

Important Dates

• Effective Date: August 06, 2025 - New ST-ASM framework becomes applicable

Impact Assessment

The surveillance measures will impact trading liquidity and margin requirements for the affected securities. Investors may face higher margins and delivery obligations, potentially reducing speculative trading activity in these stocks.

Impact Justification

Affects trading parameters for specific securities under surveillance framework