Description
BSE updates Short Term ASM framework with 15 securities entering surveillance and 3 securities exiting effective September 09, 2025.
Summary
BSE has updated the Short Term Additional Surveillance Measure (ST-ASM) framework effective September 09, 2025. Fifteen securities have been newly shortlisted for ST-ASM Stage I surveillance, while three securities are moving out of the framework. The measure includes both regular and SME scrips, with some T+0 scrips included based on parent company criteria.
Key Points
- 15 securities newly shortlisted for Short Term 5/15/30 Days ASM Framework Stage I
- 3 securities moving out of ST-ASM framework
- No securities moving to higher or lower ASM stages within ST-ASM
- Framework includes regular stocks, SME scrips, and T+0 scrips
- Changes effective from September 09, 2025
Regulatory Changes
Implementation of Short Term Additional Surveillance Measure affecting specific securities with enhanced monitoring and trading restrictions for identified stocks showing unusual price movements or trading patterns.
Compliance Requirements
- Trading members must comply with ST-ASM requirements for affected securities
- Enhanced due diligence required for transactions in listed securities
- Adherence to surveillance framework parameters for short-term trading
Important Dates
- Effective Date: September 09, 2025 - Implementation of updated ST-ASM framework
Impact Assessment
The ST-ASM framework will impose additional trading restrictions on 15 securities, potentially affecting liquidity and trading volumes. The measure aims to curb excessive speculation and maintain market stability for securities showing unusual price or volume patterns. Three securities exiting the framework will have normal trading conditions restored.
Impact Justification
Affects trading conditions for multiple securities through surveillance measures but limited to specific stocks