Description
Updates on securities entering and exiting the Short Term Additional Surveillance Measure framework effective August 08, 2025.
Summary
BSE has issued updates on the Short Term Additional Surveillance Measure (ST-ASM) framework effective August 08, 2025. Five securities are being added to the ST-ASM framework, while two securities are moving out. The circular provides consolidated lists of all securities under different stages of ST-ASM.
Key Points
- 5 securities newly shortlisted for ST-ASM framework including Franklin Industries Ltd, Incon Engineers Ltd, MFS Intercorp Ltd, and Sarda Energy & Minerals Ltd
- 2 securities moving out of ST-ASM framework: Benara Bearings and Pistons Ltd and Sainik Finance & Industries Ltd
- Sainik Finance & Industries Ltd is moving out due to inclusion in Enhanced Surveillance Measure (ESM) Framework
- No securities are being moved to higher or lower stage ASM within the framework
- Consolidated list shows 18+ securities currently under ST-ASM Stage I
Regulatory Changes
Implementation of Short Term Additional Surveillance Measure for newly identified securities to monitor unusual price movements and trading patterns.
Compliance Requirements
- Trading members must comply with ST-ASM requirements for affected securities
- Enhanced monitoring and reporting obligations for securities under surveillance
- Adherence to specific trading conditions as per ST-ASM framework
Important Dates
- Effective Date: August 08, 2025
Impact Assessment
The surveillance measures will impact trading liquidity and investor behavior for the affected securities. Securities entering ST-ASM may experience reduced trading volumes due to additional compliance requirements, while those exiting may see normalized trading conditions.
Impact Justification
Affects trading conditions for specific securities under surveillance framework