Description
BSE updates Enhanced Surveillance Measure framework with 7 new securities added and 1 security moving to higher stage ESM effective August 29, 2025.
Summary
BSE has updated the Enhanced Surveillance Measure (ESM) Framework effective August 29, 2025. Seven securities are being newly added to ESM, one security is moving to a higher ESM stage, and no securities are exiting the framework. The circular also provides a consolidated list of all securities currently under ESM with their respective stages.
Key Points
- 7 new securities added to Enhanced Surveillance Measure framework
- 1 security (Krishival Foods Ltd) moving to higher ESM stage
- No securities moving out of ESM framework
- Changes effective from August 29, 2025
- Consolidated list includes 28+ securities across different ESM stages
Securities Added to ESM
New additions effective August 29, 2025:
- Andhra Cements Ltd (532141)
- Befound Movement Ltd (511585)
- B-Right Realestate Ltd (543543) - SME Scrip
- Filtron Engineers Ltd (531191)
- Omni AXs Software Ltd (532340)
- Reliable Data Services Ltd (544207)
- Yash Innoventures Ltd (523650)
Stage Changes
Moving to Higher ESM Stage:
- Krishival Foods Ltd (544416) - moving to higher surveillance stage
Moving to Lower ESM Stage:
- None (Nil)
Important Dates
- Effective Date: August 29, 2025 - All ESM framework changes come into effect
Impact Assessment
The addition of 7 securities to ESM and upgrade of 1 security to higher surveillance stage indicates increased regulatory scrutiny on these stocks. Trading in these securities will be subject to enhanced surveillance measures including potential price bands, margin requirements, and trading restrictions. Investors should exercise additional caution when trading these securities.
Impact Justification
Affects trading conditions for multiple securities under enhanced surveillance with specific compliance requirements