Description
BSE announces securities moving into and out of Long Term Additional Surveillance Measure framework effective September 11, 2025.
Summary
BSE has announced changes to the Long Term Additional Surveillance Measure (LT-ASM) framework effective September 11, 2025. Ten new securities are being added to the framework, one security is moving to a higher ASM stage, and one security is moving out of the framework.
Key Points
- 10 new securities added to LT-ASM framework
- Scan Projects Ltd moved to ASM Stage II
- BCC Fuba India Ltd moving out due to inclusion in ESM Framework
- Changes effective from September 11, 2025
- Framework includes multiple ASM stages with varying restrictions
Regulatory Changes
Securities under LT-ASM framework are subject to additional surveillance measures including enhanced monitoring, position limits, and margin requirements. The framework operates in stages with progressively stricter measures.
Compliance Requirements
- Market participants must comply with enhanced surveillance measures for listed securities
- Position limits and margin requirements apply to securities under LT-ASM
- Brokers must ensure compliance with additional monitoring requirements
Important Dates
- September 11, 2025: Effective date for all LT-ASM framework changes
Impact Assessment
The inclusion of securities in LT-ASM framework typically results in reduced trading volumes and increased compliance requirements. Securities moving to higher stages face stricter surveillance measures, while those moving out experience relaxed restrictions.
Impact Justification
Affects trading parameters for multiple securities under surveillance framework