Description
BSE updates Enhanced Surveillance Measure framework with securities moving to higher stages and consolidated list of monitored stocks.
Summary
BSE has updated its Enhanced Surveillance Measure (ESM) framework effective August 7, 2025. Three securities - Aris International Ltd, Kreon Finnancial Services Ltd, and Skyline Millars Ltd - will move to higher ESM stages, while no new securities are being added or removed from the framework.
Key Points
- No new securities shortlisted for ESM framework
- Three securities moving to higher ESM stages
- No securities moving to lower ESM stages or exiting the framework
- Consolidated list shows 31+ securities currently under ESM surveillance across different stages
Securities Moving to Higher ESM Stages
Effective August 7, 2025:
- Aris International Ltd (Scrip Code: 531677, ISIN: INE588E01026)
- Kreon Finnancial Services Ltd (Scrip Code: 530139, ISIN: INE302C01018)
- Skyline Millars Ltd (Scrip Code: 505650, ISIN: INE178E01026)
ESM Framework Structure
The framework operates in multiple stages (Stage I and Stage II) with varying levels of surveillance measures. Securities marked with (*) indicate NSE alignment, while (#) denotes SME scrips.
Important Dates
- Effective Date: August 7, 2025
Impact Assessment
The ESM framework imposes enhanced monitoring and potential trading restrictions on listed securities. Moving to higher stages typically involves stricter surveillance measures, which may affect trading volumes and investor sentiment for the affected securities.
Impact Justification
Regular surveillance framework updates affecting specific securities with trading implications