Description

BSE updates Short Term Additional Surveillance Measure framework with new securities additions, removals, and consolidated list effective August 21, 2025.

Summary

BSE has updated its Short Term Additional Surveillance Measure (ST-ASM) framework effective August 21, 2025. The update includes 7 new securities being added to the ST-ASM framework, 7 securities moving out of the framework, and a consolidated list of all securities currently under surveillance.

Key Points

  • 7 securities newly added to Short Term 5/15/30 Days ASM Framework
  • 7 securities moving out of ST-ASM Framework
  • No securities moving between different ASM stages
  • Framework includes regular equity scrips, SME scrips, and T+0 scrips
  • Consolidated list shows securities with their respective ASM stages

Securities Added to ST-ASM Framework

New Additions (Effective August 21, 2025):

  • Aryaman Financial Services Ltd (530245)
  • Brightcom Group Ltd (532368) - As per NSE
  • Cropster Agro Ltd (523105)
  • Filmcity Media Ltd (531486)
  • Pradhin Ltd (530095)
  • Signpost India Ltd (544117) - As per NSE
  • Spinaroo Commercial Ltd (544392) - SME Scrip

Securities Removed from ST-ASM Framework

Moving Out (Effective August 21, 2025):

  • Abram Food Ltd (544422) - SME Scrip
  • Cryogenic Ogs Ltd (544440) - SME Scrip
  • Cybele Industries Ltd (531472) - Moving to LT-ASM Framework
  • Hit Kit Global Solutions Ltd (532359)
  • National Securities Depository Ltd (544467)
  • Pioneer Investcorp Ltd (507864)
  • Quadrant Televentures Ltd (511116)

Surveillance Framework Structure

  • Short Term ASM: 5/15/30 Days framework for enhanced monitoring
  • Stage Classifications: Securities categorized in different stages (Stage I shown in consolidated list)
  • Special Categories: SME scrips (@), T+0 scrips (~), and NSE coordinated securities (*) included

Important Dates

  • Effective Date: August 21, 2025
  • All changes to surveillance measures become applicable from this date

Impact Assessment

Trading Impact:

  • Securities under ST-ASM face additional margin requirements and trading restrictions
  • Enhanced surveillance applies to volatile or unusual price movement securities
  • SME and T+0 scrips subject to same surveillance measures as regular equity

Market Monitoring:

  • Continuous review process for securities meeting surveillance criteria
  • Dynamic framework allowing movement between different surveillance categories
  • Coordination with NSE for certain securities ensures uniform surveillance approach

Impact Justification

Regular surveillance framework update affecting multiple securities with trading restrictions