Description
BSE announces securities moving into and out of Long Term Additional Surveillance Measure framework effective September 09, 2025.
Summary
BSE has announced changes to the Long Term Additional Surveillance Measure (LT-ASM) framework effective September 09, 2025. Seven securities are being newly shortlisted for LT-ASM, two securities will move to higher stage ASM, and three securities are moving out of the framework due to inclusion in other surveillance measures.
Key Points
- 7 new securities shortlisted for Long Term ASM Framework
- 2 securities moving to higher Stage II ASM while remaining in LT-ASM
- 3 securities moving out of LT-ASM due to inclusion in ESM Framework
- No securities moving to lower ASM stages or direct Stage IV
- Changes effective from September 09, 2025
Regulatory Changes
Implementation of Long Term Additional Surveillance Measure affecting trading parameters for identified securities. Securities under LT-ASM are subject to enhanced monitoring and specific trading restrictions.
Compliance Requirements
- Market participants must comply with enhanced surveillance parameters for affected securities
- Trading members need to ensure adherence to LT-ASM framework requirements
- Investors should be aware of additional surveillance measures applicable to these securities
Important Dates
- Effective Date: September 09, 2025 - All LT-ASM changes become applicable
Impact Assessment
The surveillance measures will impact trading in the affected securities through enhanced monitoring and potential trading restrictions. Securities moving out of LT-ASM due to inclusion in ESM Framework indicate escalated surveillance concerns. The measure aims to protect investor interests while maintaining market integrity for volatile or concerning securities.
Impact Justification
Affects multiple securities with enhanced surveillance measures impacting trading parameters