Description

BSE updates the list of securities under Short Term Additional Surveillance Measure framework effective September 8, 2025.

Summary

BSE has issued updates to the Short Term Additional Surveillance Measure (ST-ASM) framework effective September 8, 2025. Two securities are being newly shortlisted under ST-ASM, while ten securities are moving out of the framework due to inclusion in other surveillance measures.

Key Points

  • 2 securities newly shortlisted in 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 ST-ASM framework
  • Changes effective September 8, 2025
  • Consolidated list includes 14 securities across different ASM stages

Regulatory Changes

Securities entering ST-ASM Framework:

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

Securities exiting ST-ASM Framework:

  • 10 securities moving to other frameworks including ESM, GSM, LT-ASM, and SME categories
  • Notable exits include Coffee Day Enterprises Ltd, Sangal Papers Ltd, and SPEL Semiconductor Ltd

Compliance Requirements

  • Trading members must ensure compliance with ST-ASM trading restrictions
  • Enhanced surveillance measures apply to shortlisted securities
  • Special margin requirements and position limits may apply
  • Monitoring of price movements and volumes for listed securities

Important Dates

  • Effective Date: September 8, 2025
  • All changes to ST-ASM framework take effect from this date

Impact Assessment

Market Impact: Medium - affects trading liquidity and investor behavior for specific securities under surveillance. The relatively small number of securities involved limits broader market impact.

Operational Impact: Trading restrictions and enhanced monitoring requirements for the listed securities. Investors in these stocks will face additional compliance requirements and potential trading limitations.

Impact Justification

Affects trading of specific securities with surveillance measures but limited to small number of stocks