Description

BSE updates on securities moving into, continuing in, and exiting Short Term Additional Surveillance Measure framework effective September 8, 2025.

Summary

BSE announces changes to the Short Term Additional Surveillance Measure (ST-ASM) framework effective September 8, 2025. Two new securities are being added to the ST-ASM framework, while ten securities are exiting the framework due to inclusion in other surveillance measures.

Key Points

  • 2 securities newly added to Short Term 5/15/30 Days ASM Framework
  • 10 securities moving out of ST-ASM Framework
  • No securities moving to higher or lower stage ASM within the framework
  • Changes effective from September 8, 2025

Securities Added to ST-ASM

  • Kairosoft AI Solutions Ltd (Scrip Code: 506122)
  • Moschip Technologies Ltd (Scrip Code: 532407)

Securities Exiting ST-ASM

  • ADC India Communications Ltd - moving to ESM Framework
  • Affordable Robotic & Automation Ltd
  • Astron Paper & Board Mill Ltd - moving to LT-ASM Framework
  • Coffee Day Enterprises Ltd - moving to ESM Framework
  • Lactose India Ltd
  • Parker Agrochem Exports Ltd - moving to GSM Framework
  • Raghuvansh Agrofarms Ltd (SME scrip)
  • Sangal Papers Ltd - moving to ESM Framework
  • Shree Rama Multi-Tech Ltd - moving to ESM Framework
  • SPEL Semiconductor Ltd - moving to ESM Framework

Regulatory Changes

Securities under ST-ASM framework are subject to additional surveillance measures including position limits, margin requirements, and periodic call auctions to curb excessive speculation.

Important Dates

  • Effective Date: September 8, 2025

Impact Assessment

The surveillance measures will affect trading liquidity and impose additional compliance requirements on the affected securities. Securities moving to other frameworks (ESM, LT-ASM, GSM) will face different sets of trading restrictions appropriate to their risk profiles.

Impact Justification

Surveillance measures affect trading and liquidity for multiple securities but are routine regulatory actions