Description

BSE updates Long Term ASM framework with securities being added, moved between stages, and removed from surveillance measures.

Summary

BSE has updated the Long Term Additional Surveillance Measure (LT-ASM) framework effective August 13, 2025. The circular details securities being added to LT-ASM, moved between different ASM stages, removed from the framework, and provides a consolidated list of all securities under surveillance.

Key Points

  • 3 securities newly shortlisted for Long Term ASM Framework
  • 1 security moved to higher ASM Stage II from LT-ASM
  • 2 securities moving out of Long Term ASM Framework
  • Consolidated list shows securities across different ASM stages (I, II, III, IV)
  • Changes effective from August 13, 2025

Securities Added to LT-ASM

  • Indian Infotech & Software Ltd (509051)
  • KG Denim Ltd (500239)
  • Sirohia & Sons Ltd (538667)

Securities Moving Between Stages

  • B-Right Realestate Ltd (543543) moved from LT-ASM to ASM Stage II

Securities Removed from LT-ASM

  • Avi Products India Ltd (523896)
  • Mirc Electronics Ltd (500279)

Important Dates

  • Effective Date: August 13, 2025

Impact Assessment

Securities under LT-ASM face enhanced surveillance with specific trading restrictions and monitoring. Addition to or movement within ASM stages indicates regulatory concerns about price volatility or trading patterns. Removal from framework suggests improved compliance or trading behavior.

Impact Justification

Routine surveillance measure updates affecting specific securities with trading restrictions