Description

BSE announces revised list of securities under Short Term Additional Surveillance Measure (ST-ASM) framework effective October 08, 2025, including new additions and securities moving out of the framework.

Summary

BSE has announced updates to the Short Term Additional Surveillance Measure (ST-ASM) framework effective October 08, 2025. Nine securities are being newly added to the ST-ASM framework, while eight securities are moving out of the framework due to inclusion in other surveillance frameworks or normal trading resumption.

Key Points

  • 9 securities newly shortlisted in Short Term 5/15/30 Days ASM Framework
  • 8 securities moving out of ST-ASM Framework
  • Changes effective from October 08, 2025
  • Some securities moving out due to inclusion in LT-ASM, ESM, or other frameworks
  • Includes both main board and SME scrips
  • No securities moving to higher or lower stage ASM within the framework

Securities Added to 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 Moving Out of ST-ASM

  1. AAA Technologies Ltd$ (543671, INE0D0U01013) - Moving to ESM Framework
  2. Affordable Robotic & Automation Ltd (541402, INE692Z01013)
  3. Deep Diamond India Ltd* (539559, INE005G01026) - Moving to LT-ASM Framework
  4. Evoq Remedies Ltd@ (543500, INE0JVD01011) - SME Scrip
  5. GTT Data Solutions Ltd (530457, INE959B01017)
  6. Nettlinx Ltd (511658, INE027D01019)
  7. OM Infra Ltd (531092, INE239D01028)
  8. Zodiac Ventures Ltd (503641, INE945J01027)

Regulatory Changes

The ST-ASM framework continues to apply stage-wise surveillance measures (5/15/30 Days) to securities showing unusual price movements or volatility patterns. Securities may move between different surveillance frameworks based on their trading characteristics.

Compliance Requirements

  • Market participants must note the enhanced surveillance applicable to listed securities
  • Trading members should inform clients about securities under ST-ASM framework
  • Additional margin requirements and price bands may apply to these securities
  • Brokers must ensure compliance with applicable trading restrictions

Important Dates

  • Effective Date: October 08, 2025
  • All changes to ST-ASM framework become applicable from market opening on this date

Impact Assessment

The ST-ASM framework aims to curb excessive speculation and protect investor interests in volatile securities. Securities under this measure may face:

  • Reduced liquidity due to enhanced surveillance
  • Higher margin requirements for trading
  • Additional disclosure requirements
  • Potential impact on trading volumes

Investors should exercise caution when trading in securities under surveillance measures and be aware of the associated risks and restrictions.

Impact Justification

Affects trading conditions for 17 securities with surveillance measures, impacting liquidity and trading patterns for these stocks