Description
BSE announces securities entering, exiting, and moving between stages in the Short Term Additional Surveillance Measure framework effective September 11, 2025.
Summary
BSE has updated the Short Term Additional Surveillance Measure (ST-ASM) framework with changes effective September 11, 2025. The circular lists securities entering the framework, those moving between stages, and securities exiting the framework.
Key Points
- 8 securities newly added to Short Term 5/15/30 Days ASM Framework
- 2 securities moving to higher stage ASM while remaining in ST-ASM
- 8 securities moving out of ST-ASM framework
- Consolidated list shows securities across different ASM stages
- Some securities marked with special indicators for SME scrips and T+0 scrips
Regulatory Changes
- Implementation of enhanced surveillance measures on selected securities
- Movement of securities between different surveillance stages based on performance
- Exit of securities from ST-ASM due to inclusion in other frameworks (LT-ASM, ESM, etc.)
Compliance Requirements
- Trading members must comply with enhanced surveillance measures for listed securities
- Special attention required for securities in different ASM stages
- Adherence to framework requirements for SME and T+0 scrips
Important Dates
- Effective Date: September 11, 2025 - All changes to ST-ASM framework take effect
Impact Assessment
- Securities in ST-ASM framework face enhanced monitoring and potential trading restrictions
- Investors and traders need to be aware of securities under surveillance
- Market participants should exercise additional caution when dealing with listed securities
- Some securities transitioning to other surveillance frameworks may face different restrictions
Impact Justification
Affects trading in multiple securities with enhanced surveillance measures