Description

List of securities entering, continuing, and exiting Enhanced Surveillance Measure framework with stage changes effective August 8, 2025.

Summary

BSE has updated the Enhanced Surveillance Measure (ESM) framework effective August 8, 2025. Five new securities are being added to ESM, one security is being moved to a higher ESM stage, and no securities are exiting the framework. The circular provides comprehensive lists of all securities currently under various ESM stages.

Key Points

  • 5 new securities shortlisted for ESM framework
  • 1 security moved to higher ESM stage (Gayatri Sugars Ltd)
  • No securities moving to lower ESM stages
  • No securities exiting ESM framework
  • Consolidated list shows securities across ESM Stage I and Stage II
  • Changes effective from August 8, 2025

Securities Entering ESM Framework

New ESM Securities (5):

  • GG Automotive Gears Ltd (531399)
  • Innovana Thinklabs Ltd (544302)
  • Ortin Global Ltd (539287)
  • Sainik Finance & Industries Ltd (530265)
  • Shree Pacetronix Ltd (527005)

Stage Changes

Moving to Higher ESM Stage:

  • Gayatri Sugars Ltd (532183) - moved to higher stage

Moving to Lower ESM Stage:

  • NIL

Securities Exiting ESM

  • NIL - No securities are moving out of ESM framework

Important Dates

  • Effective Date: August 8, 2025

Impact Assessment

Securities under ESM framework face enhanced trading restrictions and monitoring. The addition of 5 new securities and upgrade of 1 existing security indicates continued regulatory vigilance. Trading in these securities will be subject to stricter surveillance measures including price bands, position limits, and additional margin requirements.

Impact Justification

Affects trading parameters for specific securities under surveillance framework