Description
BSE updates the list of securities under Short Term Additional Surveillance Measure framework with 7 new additions and 6 securities moving out effective August 7, 2025.
Summary
BSE has updated its Short Term Additional Surveillance Measure (ST-ASM) framework effective August 7, 2025. Seven securities have been newly shortlisted for ST-ASM Stage I surveillance, while six securities are moving out of the framework. The ST-ASM framework applies enhanced trading restrictions and monitoring to securities showing unusual price movements or trading patterns.
Key Points
- 7 new securities added to ST-ASM Stage I framework
- 6 securities moving out of ST-ASM framework
- Changes effective from August 7, 2025
- No securities moving between different ASM stages
- Framework includes SME and T+0 scrips with special markings
New Securities Added to ST-ASM Stage I
- Krishna Capital and Securities Ltd (539384)
- Laddu Gopal Online Services Ltd (537707)
- Neil Industries Ltd (539016)
- RKD Agri & Retail Ltd (511169)
- Sahara Maritime Ltd (544056) - SME scrip
- Vintron Informatics Ltd (517393)
- Zim Laboratories Ltd (541400) - as per NSE
Securities Moving Out of ST-ASM
- Brightcom Group Ltd (532368)
- IIRM Holdings India Ltd (526530)
- Jaiprakash Power Ventures Ltd (532627 & 132627)
- Prime Focus Ltd (532748)
- The Phosphate Company Ltd (542123)
Compliance Requirements
- Enhanced surveillance applies to all listed securities under ST-ASM
- Special trading parameters and monitoring for affected securities
- Investors should be aware of additional surveillance measures
- SME scrips and T+0 scrips have specific framework applications
Important Dates
- Effective Date: August 7, 2025
- All changes to surveillance framework become applicable from this date
Impact Assessment
The ST-ASM framework impacts trading liquidity and investor participation in the affected securities. Securities under surveillance may experience reduced trading volumes and increased volatility monitoring. The addition of 7 new securities indicates ongoing market surveillance activities, while the exit of 6 securities suggests improved compliance or movement to other regulatory frameworks.
Impact Justification
Affects trading parameters for multiple securities under enhanced surveillance framework