Description
BSE announces securities entering and exiting the Short Term ASM framework effective August 12, 2025.
Summary
BSE has updated the Short Term Additional Surveillance Measure (ST-ASM) framework effective August 12, 2025. Five securities are entering the ST-ASM framework while three securities are moving out. The framework applies enhanced surveillance measures with 5/15/30 day stages for securities showing unusual price movements.
Key Points
- 5 securities newly shortlisted for ST-ASM framework including Abram Food Ltd, Hit Kit Global Solutions Ltd, National Securities Depository Ltd, Pioneer Investcorp Ltd, and Quadrant Televentures Ltd
- 3 securities moving out of ST-ASM framework: Panchsheel Organics Ltd, Rajkot Investment Trust Ltd, and TANFAC Industries Ltd
- All changes effective from August 12, 2025
- Framework includes multiple stages (5/15/30 days) with progressive surveillance measures
- Some securities marked as SME scrips subject to framework
Regulatory Changes
- Implementation of Short Term ASM framework for identified volatile securities
- Progressive surveillance stages based on continued unusual activity
- Special provisions for SME and T+0 scrips within the framework
Compliance Requirements
- Securities under ST-ASM subject to enhanced monitoring and reporting
- Trading members must comply with additional surveillance requirements for listed securities
- Investors should be aware of enhanced scrutiny on these securities
Important Dates
- August 12, 2025: Effective date for all ST-ASM framework changes
Impact Assessment
- Moderate impact on trading volumes for affected securities due to enhanced surveillance
- Increased regulatory oversight may reduce speculative trading in volatile stocks
- Framework designed to maintain market integrity while allowing normal trading operations
Impact Justification
Regular surveillance framework updates affecting multiple securities with trading restrictions