Description

BSE announces securities moving into and out of Long Term Additional Surveillance Measure framework effective September 11, 2025.

Summary

BSE has issued a circular detailing the applicability of Long Term Additional Surveillance Measure (LT-ASM) effective September 11, 2025. The circular identifies 10 new securities entering the LT-ASM framework, one security moving to a higher ASM stage, and one security moving out of the framework.

Key Points

  • 10 securities newly shortlisted for Long Term ASM Framework
  • Scan Projects Ltd moves from current stage to ASM Stage II
  • BCC Fuba India Ltd moves out of LT-ASM due to inclusion in ESM Framework
  • Changes effective from September 11, 2025
  • Consolidated list includes securities across different ASM stages

Securities Entering LT-ASM (Part A)

  • Bilcare Ltd (526853)
  • GTN Textiles Ltd (532744)
  • India Home Loan Ltd (530979)
  • Kamadgiri Fashion Ltd (514322)
  • Krishna Ventures Ltd (504392)
  • Lexoraa Industries Ltd (531944)
  • Rajeshwari Cans Ltd (543285)
  • Scarnose International Ltd (543537)
  • Shah Alloys Ltd (513436)
  • Shree Krishna Infrastructure Ltd (542146)

Securities Moving Between Stages

Moving to Higher Stage:

  • Scan Projects Ltd (531797) - Moving to ASM Stage II

Moving Out of Framework:

  • BCC Fuba India Ltd (517246) - Moving out due to inclusion in ESM Framework

Regulatory Changes

Implementation of Long Term Additional Surveillance Measure affects trading parameters and monitoring requirements for identified securities. Securities under LT-ASM are subject to enhanced surveillance and specific trading conditions.

Important Dates

  • Effective Date: September 11, 2025
  • All changes to surveillance measures become applicable from this date

Impact Assessment

The LT-ASM framework implementation will result in enhanced monitoring and potential trading restrictions for the affected securities. Investors and market participants should be aware of the additional surveillance measures that may impact liquidity and trading patterns in these securities.

Impact Justification

Affects trading parameters for multiple securities through surveillance measures