Description

BSE announces securities moving into and out of Short Term Additional Surveillance Measure framework effective August 18, 2025.

Summary

BSE has announced changes to the Short Term Additional Surveillance Measure (ST-ASM) framework effective August 18, 2025. Eight securities are being added to the ST-ASM framework while seven securities are moving out of it. The circular provides detailed lists of affected securities along with their scrip codes and ISIN numbers.

Key Points

  • 8 securities being shortlisted in Short Term 5/15/30 Days ASM Framework
  • 7 securities moving out of ST-ASM Framework
  • Changes effective from August 18, 2025
  • Includes both regular and SME scrips
  • Some securities moving to other surveillance frameworks (LT-ASM, ESM)

Securities Moving Into ST-ASM

New Additions (Stage I):

  • Asian Hotels (North) Ltd (500023)
  • CL Educate Ltd (540403)
  • HBL Engineering Ltd (517271/117271)
  • KRBL Ltd (530813)
  • Pentokey Organy India Ltd (524210)
  • Super Iron Foundry Ltd (544381) - SME scrip
  • Technichem Organics Ltd (544327) - SME scrip

Securities Moving Out of ST-ASM

Exiting Securities:

  • First Fintec Ltd (532379) - moving to LT-ASM
  • Inter Globe Finance Ltd (511391) - moving to ESM
  • Kkalpana Industries (India) Ltd (526409) - moving to LT-ASM
  • Laddu Gopal Online Services Ltd (537707)
  • NDL Ventures Ltd (500189) - moving to LT-ASM
  • Sahara Maritime Ltd (544056) - SME scrip
  • Zim Laboratories Ltd (541400)

Important Dates

  • Effective Date: August 18, 2025

Impact Assessment

The ST-ASM framework imposes additional surveillance measures on selected securities, which may include higher margins, restricted trading, or enhanced monitoring. Securities moving into the framework will face increased regulatory scrutiny, while those moving out may experience relaxed trading conditions. The transition of some securities to other frameworks (LT-ASM, ESM) indicates continued regulatory oversight through different mechanisms.

Impact Justification

Affects multiple securities with additional surveillance measures impacting trading patterns and market participation