Description
BSE announces securities entering and exiting Short Term Additional Surveillance Measure framework effective August 26, 2025.
Summary
BSE has announced changes to the Short Term Additional Surveillance Measure (ST-ASM) framework effective August 26, 2025. The circular identifies 10 securities newly entering the ST-ASM framework and 10 securities moving out of the framework.
Key Points
- 10 securities newly shortlisted for ST-ASM framework including Aditya Infotech Ltd, Foseco India Ltd, and IZMO Ltd
- 10 securities moving out of ST-ASM framework including Asian Hotels (North) Ltd, CL Educate Ltd, and KRBL Ltd
- Securities marked with asterisk (*) are as per NSE inclusion
- Securities marked with @ are SME scrips
- Securities marked with ~ are T+0 scrips
- No securities moving to higher or lower ASM stages
Regulatory Changes
Implementation of Short Term 5/15/30 Days ASM Framework changes with specific securities being added to or removed from surveillance measures.
Compliance Requirements
- Market participants must be aware of enhanced surveillance measures for newly included securities
- Trading in ST-ASM securities subject to additional monitoring and restrictions
- Brokers and investors should adjust trading strategies for affected securities
Important Dates
- Effective Date: August 26, 2025 - ST-ASM framework changes take effect
Impact Assessment
The changes will affect trading liquidity and patterns for the 20 securities involved. Securities entering ST-ASM may experience reduced trading activity due to enhanced surveillance measures, while those exiting may see normalized trading conditions. Some securities are moving to other surveillance frameworks (LT-ASM, ESM) indicating continued regulatory attention.
Impact Justification
Affects trading surveillance for multiple securities with potential impact on liquidity and trading patterns