Description
Four securities moved to higher GSM stages with two entering Stage II and two entering Stage III surveillance.
Summary
BSE has announced the movement of four securities to higher stages of the Graded Surveillance Measure (GSM) framework. Two securities are moving to GSM Stage II and two securities are moving to GSM Stage III, indicating increased surveillance and trading restrictions.
Key Points
- Tejassvi Aaharam Ltd (531628) moved to GSM Stage II
- Minolta Finance Ltd (532164) moved to GSM Stage II
- Mehta Securities Ltd (511738) moved to GSM Stage III
- Welterman International Ltd (526431) moved to GSM Stage III
Regulatory Changes
Securities under GSM framework face enhanced surveillance measures with progressively stricter trading conditions at higher stages. Stage II and Stage III involve additional monitoring and potential trading restrictions.
Compliance Requirements
- Market participants must be aware of GSM classifications when trading these securities
- Enhanced due diligence may be required for transactions in GSM securities
- Trading in these securities subject to GSM framework conditions
Important Dates
Effective Date: August 20, 2025
Impact Assessment
The movement to higher GSM stages may result in reduced liquidity and increased volatility for affected securities. Investors should exercise additional caution when trading these stocks due to enhanced surveillance measures.
Impact Justification
Affects trading conditions for four securities with enhanced surveillance measures