Description

BSE updates list of securities under Short Term Additional Surveillance Measure framework with additions and removals effective August 13, 2025.

Summary

BSE has updated the list of securities under the Short Term Additional Surveillance Measure (ST-ASM) framework effective August 13, 2025. Seven securities have been newly added to the framework, while four securities are moving out due to inclusion in other surveillance frameworks.

Key Points

  • 7 securities newly shortlisted in ST-ASM Framework (Stage I)
  • 4 securities moving out of ST-ASM Framework
  • No securities moving to higher or lower ASM stages
  • Framework includes SME scrips and T+0 scrips
  • Changes effective from August 13, 2025

Securities Added to ST-ASM Framework

New additions (Stage I):

  • Adcounty Media India Ltd (544435) - SME scrip
  • Binny Mills Ltd (535620)
  • KBS India Ltd (530357)
  • Khandelwal Extractions Ltd (519064)
  • PG Electroplast Ltd (533581/133581) - NSE aligned, includes T+0 scrip
  • Southern Magnesium & Chemicals Ltd (513498)

Securities Removed from ST-ASM Framework

  • Prostarm Info Systems Ltd (544410)
  • RKD Agri & Retail Ltd (511169) - moved to GSM Framework
  • Sunshield Chemicals Ltd (530845)
  • Vuenow Infratech Ltd (531997)

Compliance Requirements

  • Enhanced surveillance measures apply to listed securities
  • Special monitoring for price movements and trading volumes
  • Additional disclosure requirements for companies under ST-ASM
  • Stricter position limits and margin requirements

Important Dates

  • Effective Date: August 13, 2025
  • Framework applies to Short Term 5/15/30 Days ASM stages

Impact Assessment

The ST-ASM framework implementation will result in enhanced monitoring of the specified securities, potentially affecting their trading liquidity and investor participation. Companies moved out of ST-ASM to other frameworks (GSM) may face different regulatory requirements. The measure aims to maintain market integrity and protect investor interests through increased surveillance of volatile securities.

Impact Justification

Regular surveillance measure updates affecting specific securities trading parameters