Description
BSE circular announcing securities moving into and out of Long Term ASM framework effective August 18, 2025.
Summary
BSE has announced changes to the Long Term Additional Surveillance Measure (LT-ASM) framework effective August 18, 2025. Four new securities are being added to LT-ASM, three securities are moving to lower ASM stages, and three securities are exiting the framework entirely.
Key Points
- 4 new securities shortlisted for Long Term ASM Framework
- 3 securities moving to lower ASM Stage II from higher stages
- 3 securities moving out of Long Term ASM Framework
- Changes effective from August 18, 2025
- Framework includes consolidated list of all securities under various ASM stages
Securities Added to LT-ASM
New additions (Part A):
- First Fintec Ltd (532379)
- Kkalpana Industries (India) Ltd (526409)
- Ramgopal Polytex Ltd (514223)
- Sunshine Capital Ltd (539574)
Securities Moving to Lower ASM Stage
Moving to Stage II (Part C):
- JSW Holdings Limited (132642, 532642)
- Kitex Garments Ltd (521248)
Securities Exiting LT-ASM
Moving out of framework:
- Konark Synthetic Ltd (514128)
- Rajasthan Cylinders & Containers Ltd (538707)
- RDB Infrastructure And Power Ltd (533285)
Important Dates
- Effective Date: August 18, 2025
Impact Assessment
Securities under LT-ASM framework face enhanced surveillance measures including stricter margin requirements and monitoring. The movement of securities between stages reflects BSE’s ongoing assessment of market risk and volatility patterns. Companies moving to lower stages benefit from reduced surveillance intensity, while new additions face enhanced monitoring requirements.
Impact Justification
Affects trading parameters for specific securities under surveillance framework