Description

BSE updates the list of securities under Long Term Additional Surveillance Measure framework effective September 5, 2025.

Summary

BSE has updated the list of securities under the Long Term Additional Surveillance Measure (LT-ASM) framework effective September 5, 2025. Eight securities have been newly shortlisted for LT-ASM, while two securities are moving out of the framework due to inclusion in the Enhanced Surveillance Measure (ESM) framework.

Key Points

  • 8 securities newly shortlisted in Long Term ASM Framework
  • 2 securities moving out of LT-ASM due to ESM inclusion
  • No securities moving to higher or lower ASM stages
  • No securities moving to Direct stage IV
  • Updated consolidated list of all securities under ASM stages provided

Regulatory Changes

  • Implementation of Long Term ASM Framework updates
  • Securities under LT-ASM subject to enhanced monitoring and trading restrictions
  • Movement of securities between different surveillance frameworks based on risk assessment

Compliance Requirements

  • Trading members must comply with enhanced surveillance measures for listed securities
  • Additional margin requirements and position limits may apply
  • Increased monitoring of price movements and trading patterns

Important Dates

  • Effective Date: September 5, 2025
  • All changes to surveillance framework applicable from market opening

Impact Assessment

Newly Added Securities: Arunjyoti Bio Ventures, Fruition Venture, Humming Bird Education, Prerna Infrabuild, Shish Industries, Starlineps Enterprises, Storage Technologies and Automation, and Vimta Labs will face enhanced surveillance measures including potential trading restrictions and additional margin requirements.

Securities Moving Out: Aryaman Financial Services and Ekennis Software Service are transitioning from LT-ASM to ESM framework, indicating continued regulatory scrutiny under different surveillance parameters.

Market Impact: Limited direct market impact as these are primarily smaller capitalization stocks, but investors should be aware of enhanced trading restrictions and monitoring.

Impact Justification

Affects trading parameters for specific securities under surveillance framework