Description

BSE announces securities moving in and out of Short Term Additional Surveillance Measure framework effective September 1, 2025.

Summary

BSE has announced changes to the Short Term Additional Surveillance Measure (ST-ASM) framework effective September 1, 2025. Six securities are being added to the ST-ASM framework while eight securities are moving out of it. The circular provides consolidated lists of all securities under various stages of ST-ASM.

Key Points

  • 6 securities newly shortlisted for ST-ASM framework (5/15/30 days)
  • 8 securities moving out of ST-ASM framework
  • No securities moving between higher or lower ASM stages
  • Consolidated list includes securities across different ASM stages
  • Special markings for SME scrips (@) and securities moving to other frameworks

Securities Moving Into ST-ASM

New Additions (effective September 1, 2025):

  • Gogia Capital Growth Ltd (531600)
  • Sangal Papers Ltd (516096)
  • Scan Projects Ltd (531797)
  • Swashthik Plascon Ltd (544035) - SME scrip
  • Swojas Foods Ltd (530217)
  • Titan Biotech Ltd (524717)

Securities Moving Out of ST-ASM

Removals (effective September 1, 2025):

  • Cropster Agro Ltd (523105)
  • Filmcity Media Ltd (531486)
  • Naturewings Holidays Ltd (544245)
  • Pecos Hotels and Pubs Ltd (539273) - moving to ESM
  • Pradhin Ltd (530095)
  • Prospect Consumer Products Ltd (543814) - moving to ESM
  • Signpost India Ltd (544117)
  • Spinaroo Commercial Ltd (544392)

Important Dates

  • Effective Date: September 1, 2025
  • All changes to ST-ASM framework become applicable from this date

Impact Assessment

The ST-ASM framework imposes additional margin requirements and trading restrictions on volatile securities. Securities entering the framework will face enhanced surveillance and potentially higher trading costs, while those exiting will see relaxed restrictions. The movement of some securities to ESM framework indicates continued regulatory oversight through alternative surveillance measures.

Impact Justification

Regular surveillance measure updates affecting specific securities with trading restrictions