Description

BSE circular detailing securities being added to, moved within, or removed from Short Term Additional Surveillance Measure framework effective September 5, 2025.

Summary

BSE has updated the Short Term Additional Surveillance Measure (ST-ASM) framework effective September 5, 2025. The circular identifies 13 securities being newly included in ST-ASM, 1 security moving to a higher ASM stage, and 5 securities being removed from the framework.

Key Points

  • 13 new securities added to Short Term 5/15/30 Days ASM Framework
  • 1 security (Cropster Agro Ltd) moves to higher Stage ASM while continuing in ST-ASM
  • 5 securities moving out of ST-ASM Framework
  • Changes effective from September 5, 2025
  • Framework includes SME scrips and T+0 scrips based on parent company classification

Securities Added to ST-ASM

  • Aeonx Digital Technology Ltd (524594)
  • Astron Paper & Board Mill Ltd (540824)
  • BKV Industries Ltd (519500)
  • Jai Corp Ltd (512237)
  • La Tim Metal & Industries Ltd (505693)
  • Lakhotia Polyesters (India) Ltd (535387)
  • Munoth Financial Services Ltd (531821)
  • Octal Credit Capital Ltd (538894)
  • Ritesh International Ltd (519097)
  • Sharika Enterprises Ltd (540786)
  • Shrydus Industries Ltd (511493)
  • Southern Petrochemicals Industries Corporation Ltd (590030)
  • SPEL Semiconductor Ltd (517166)

Securities Removed from ST-ASM

  • Austin Engineering Company Ltd (522005)
  • Consolidated Construction Consortium Ltd (532902)
  • HLE Glascoat Ltd (522215)
  • Sahara Maritime Ltd (544056) - moved to ESM Framework
  • Transchem Ltd (500422)

Important Dates

  • Effective Date: September 5, 2025

Impact Assessment

Securities under ST-ASM face enhanced surveillance with potential trading restrictions including higher margins, reduced position limits, and periodic call auctions. This affects liquidity and increases trading costs for the listed securities. The framework serves as a risk management tool to monitor unusual price movements and trading patterns.

Impact Justification

Affects trading conditions for 18 securities with surveillance measures that impact liquidity and trading costs