Description
BSE updates list of securities under high encumbrance surveillance measure with one addition and consolidated list of six securities.
Summary
BSE has updated the surveillance measure for companies with high promoter and non-promoter encumbrance under SEBI SAST Regulation 2011. One security has been added to the framework while no securities are being removed. The consolidated list now contains six securities under this surveillance measure.
Key Points
- Hindusthan National Glass & Industries Ltd (515145) added to high encumbrance surveillance
- No securities removed from the framework
- Total six securities currently under this surveillance measure
- Measure based on Regulation 28(3) of SEBI (SAST) Regulation 2011
- Changes effective from August 20, 2025
Regulatory Changes
Implementation of surveillance measure targeting companies with high levels of promoter and non-promoter share encumbrance as per SEBI’s Substantial Acquisition of Shares and Takeovers regulations.
Compliance Requirements
Companies under this surveillance framework must comply with enhanced monitoring and disclosure requirements related to share encumbrance levels and promoter holdings.
Important Dates
- Effective Date: August 20, 2025
Impact Assessment
The measure affects six securities with enhanced surveillance due to high encumbrance levels. Companies may face additional compliance obligations and increased scrutiny of their promoter shareholding patterns and encumbrance status.
Impact Justification
Surveillance measure affects specific securities with high promoter encumbrance, impacting trading and compliance for affected companies