Description

BSE announces revised list of securities under Short Term ASM framework effective October 08, 2025, including 9 securities entering ST-ASM and 8 securities exiting the framework.

Summary

BSE has updated the list of securities under the Short Term Additional Surveillance Measure (ST-ASM) framework effective October 08, 2025. Nine securities have been added to the ST-ASM framework (Stage I), while eight securities are moving out of the framework. The ST-ASM is a surveillance mechanism designed to monitor securities with abnormal price movements or volatility.

Key Points

  • 9 securities added to Short Term 5/15/30 Days ASM Framework effective October 08, 2025
  • 8 securities moving out of ST-ASM Framework
  • No securities moving to higher or lower ASM stages
  • Securities entering include Banco Products, BLT Logistics, KBS India, NIS Management, Orient Technologies, Raj Oil Mills, Sujala Trading & Holdings, Take Solutions, and V2 Retail
  • Securities exiting include AAA Technologies (moving to ESM), Affordable Robotic & Automation, Deep Diamond India (moving to LT-ASM), Evoq Remedies, GTT Data Solutions, Nettlinx, OM Infra, and Zodiac Ventures
  • Some exiting securities are transitioning to other surveillance frameworks (ESM, LT-ASM)

Regulatory Changes

The Short Term ASM framework applies stricter surveillance measures to securities exhibiting unusual price movements or volatility patterns over 5/15/30 day periods. Securities under ST-ASM typically face:

  • Enhanced disclosure requirements
  • Potential trading restrictions
  • Increased scrutiny of price movements
  • Additional margin requirements for traders

Compliance Requirements

  • Market participants should adjust trading strategies for affected securities
  • Enhanced due diligence required for securities entering ST-ASM
  • Brokers must inform clients about increased surveillance measures
  • Margin requirements may be higher for securities under ST-ASM
  • Trading members should monitor the consolidated list of securities under ST-ASM

Important Dates

  • Effective Date: October 08, 2025 - Changes to ST-ASM framework become applicable

Impact Assessment

Market Impact: Medium impact on specific securities listed. Securities entering ST-ASM may experience reduced liquidity and increased trading costs due to higher margins and surveillance measures. The framework aims to protect investors from excessive volatility.

Trading Impact: Traders and investors in the 9 affected securities should expect potential changes in liquidity, bid-ask spreads, and margin requirements. The exit of 8 securities from ST-ASM may improve trading conditions for those stocks.

Investor Impact: Investors holding securities entering ST-ASM should be aware of increased surveillance and potential trading restrictions. This may affect short-term trading strategies and position sizing.

Detailed Security Lists

Securities Entering ST-ASM (Stage I):

  1. Banco Products (India) Ltd (500039 / INE213C01025)
  2. BLT Logistics Ltd (544474 / INE0W4K01013) - SME scrip
  3. KBS India Ltd (530357 / INE883D01023)
  4. NIS Management Ltd (544495 / INE0M3X01010) - SME scrip
  5. Orient Technologies Ltd (544235 / INE0PPK01015)
  6. Raj Oil Mills Ltd (533093 / INE294G01026)
  7. Sujala Trading & Holdings Ltd (539117 / INE029H01016)
  8. Take Solutions Ltd (532890 / INE142I01023)
  9. V2 Retail Ltd (532867 / INE945H01013)

Securities Exiting ST-ASM:

  1. AAA Technologies Ltd (543671) - Moving to ESM Framework
  2. Affordable Robotic & Automation Ltd (541402)
  3. Deep Diamond India Ltd (539559) - Moving to LT-ASM Framework
  4. Evoq Remedies Ltd (543500) - SME scrip
  5. GTT Data Solutions Ltd (530457)
  6. Nettlinx Ltd (511658)
  7. OM Infra Ltd (531092)
  8. Zodiac Ventures Ltd (503641)

Impact Justification

Affects trading operations for 9 securities entering ST-ASM framework and 8 securities exiting. Impacts liquidity and trading costs for these specific stocks.