Description
BSE announces securities moving into and out of Short Term Additional Surveillance Measure framework effective August 22, 2025.
Summary
BSE has announced changes to the Short Term Additional Surveillance Measure (ST-ASM) framework effective August 22, 2025. Fourteen securities are being added to the ST-ASM framework, while seven securities are moving out of the framework.
Key Points
- 14 securities newly shortlisted for ST-ASM framework including Alliance Integrated Metaliks Ltd, Alphalogic Industries Ltd, and Ola Electric Mobility Limited
- 7 securities moving out of ST-ASM framework including Binny Mills Ltd, PG Electroplast Limited, and Southern Magnesium & Chemicals Ltd
- No securities moving to higher or lower stage ASM within the framework
- Framework includes SME scrips and T+0 scrips based on parent company classification
- Securities moving out are transitioning to other surveillance frameworks (ESM, LT-ASM, etc.)
Regulatory Changes
Implementation of Short Term 5/15/30 Days ASM Framework changes with specific securities being added or removed based on trading patterns and risk assessment.
Compliance Requirements
- Trading members must be aware of surveillance measures applicable to listed securities
- Enhanced monitoring and reporting requirements for securities under ST-ASM
- Compliance with specific trading restrictions as per ASM guidelines
Important Dates
- Effective Date: August 22, 2025 - New ST-ASM classifications come into effect
Impact Assessment
The surveillance measures will impact trading liquidity and patterns for the affected securities. Investors and traders should expect potential restrictions on trading frequency and position limits for securities entering the ST-ASM framework. Securities moving out of the framework may see improved liquidity, though some are transitioning to other surveillance measures.
Impact Justification
Surveillance measures affect trading patterns and liquidity for multiple securities but are routine market safety measures