Description
Three securities moved to different GSM stages as part of graded surveillance measures.
Summary
BSE has moved three securities to different stages under the Graded Surveillance Measure (GSM) framework. ECS Biztech Ltd moves to GSM Stage I, Iykot Hitech Toolroom Ltd to Stage II, and Adline Chem Lab Ltd to Stage IV.
Key Points
- ECS Biztech Ltd (540063) moved to GSM Stage I
- Iykot Hitech Toolroom Ltd (522245) moved to GSM Stage II
- Adline Chem Lab Ltd (524604) moved to GSM Stage IV
- Securities marked with special symbols may move to lower GSM stages due to ESM or IBC framework inclusion
Regulatory Changes
Implementation of graded surveillance measures with different trading restrictions based on GSM stage assignment.
Compliance Requirements
- Trading members must comply with GSM framework requirements for affected securities
- Different margin and trading parameters apply based on GSM stage
- Enhanced due diligence requirements for transactions in GSM securities
Important Dates
- Effective Date: August 22, 2025
Impact Assessment
GSM stage movements will result in stricter trading parameters including higher margins, reduced position limits, and enhanced surveillance for the affected securities. Stage IV placement for Adline Chem Lab represents the highest level of surveillance measures.
Impact Justification
GSM stage movements affect trading parameters and investor access for specific securities