Description
BSE updates the list of securities under Long Term Additional Surveillance Measure framework with additions, moves, and removals effective August 21, 2025.
Summary
BSE has updated the Long Term Additional Surveillance Measure (LT-ASM) framework effective August 21, 2025. The circular includes additions of new securities, movement of existing securities between ASM stages, and removal of one security from the framework.
Key Points
- Two new securities added to LT-ASM Stage I: Aadi Industries Ltd and Cybele Industries Ltd
- Two securities moved to higher ASM Stage II: Bharat Global Developers Ltd and Stallion India Fluorochemicals Ltd
- One security (Achyut Healthcare Ltd) removed from LT-ASM due to inclusion in ESM Framework
- Consolidated list shows 16+ securities across different ASM stages
- Changes take effect from August 21, 2025
Regulatory Changes
Updated classification of securities under the Long Term Additional Surveillance Measure framework with specific stage assignments and movements between surveillance categories.
Compliance Requirements
- Trading members must comply with enhanced surveillance requirements for listed securities
- Securities in higher ASM stages subject to stricter trading controls
- Monitoring of price movements and volumes for affected securities
Important Dates
- Effective Date: August 21, 2025 - All LT-ASM changes become applicable
Impact Assessment
Moderate impact on affected securities with enhanced surveillance leading to potential reduced liquidity and increased compliance requirements for market participants trading these stocks.
Impact Justification
Regular surveillance measure updates affecting specific securities with moderate market impact