Description
BSE updates Enhanced Surveillance Measure framework with 5 new securities entering ESM, 1 security moving to higher stage, and consolidated list of 29+ securities under various ESM stages effective August 8, 2025.
Summary
BSE has updated its Enhanced Surveillance Measure (ESM) framework effective August 8, 2025. Five new securities are entering the ESM framework, one security is moving to a higher ESM stage, and no securities are moving out of the framework.
Key Points
- 5 new securities shortlisted for Enhanced Surveillance Measure (ESM) framework
- 1 security (Gayatri Sugars Ltd) moving to higher ESM stage
- No securities moving out of ESM framework
- Consolidated list includes 29+ securities under various ESM stages
- Changes effective from August 8, 2025
New Securities Entering ESM Framework
- GG Automotive Gears Ltd (Code: 531399, ISIN: INE493B01017)
- Innovana Thinklabs Ltd (Code: 544302, ISIN: INE403Y01018)
- Ortin Global Ltd (Code: 539287, ISIN: INE749B01020) - As per NSE
- Sainik Finance & Industries Ltd (Code: 530265, ISIN: INE584B01013)
- Shree Pacetronix Ltd (Code: 527005, ISIN: INE847D01010)
Securities Moving to Higher ESM Stage
- Gayatri Sugars Ltd (Code: 532183, ISIN: INE622E01023) - Moving to higher stage ESM
Enhanced Surveillance Framework Impact
- Securities under ESM framework face additional trading restrictions and monitoring
- Framework includes multiple stages (Stage I and Stage II) with varying levels of surveillance
- Consolidated list shows securities across different ESM stages with enhanced oversight
Important Dates
- Effective Date: August 8, 2025
Impact Assessment
The ESM framework implementation affects trading liquidity and investor access to the listed securities. Companies under enhanced surveillance face stricter monitoring requirements and may experience reduced trading volumes due to additional compliance obligations.
Impact Justification
Affects trading conditions for multiple securities under enhanced surveillance framework