Description

BSE announces securities to be placed under Long Term Additional Surveillance Measure framework effective October 08, 2025, including new additions and stage movements.

Summary

BSE has issued the list of securities being placed under the Long Term Additional Surveillance Measure (LT-ASM) framework effective October 08, 2025. Seven securities have been newly shortlisted for LT-ASM, including Deep Diamond India Ltd, Gold Coin Health Foods Ltd, KIOCL Ltd, MPIL Corporation Ltd, Skyline Ventures India Ltd, and Virtual Global Education Ltd. Additionally, Sumeet Industries Ltd has been directly placed in Stage IV of the LT-ASM Framework. No securities are moving out of the LT-ASM framework in this update.

Key Points

  • 7 securities newly shortlisted in Long Term ASM Framework
  • 1 security (Sumeet Industries Ltd) placed directly in Stage IV
  • No securities moving to higher or lower ASM stages
  • No securities exiting the LT-ASM framework
  • KIOCL Ltd has both regular and T+0 scrips included
  • Changes effective from October 08, 2025

Regulatory Changes

The Long Term ASM framework applies additional surveillance measures to securities that meet certain criteria over an extended period. Securities under this framework are subject to:

  • Enhanced monitoring by the exchange
  • Potential trading restrictions
  • Stage-based progression based on continued criteria fulfillment
  • Possible additional margin requirements

Compliance Requirements

  • Market participants must be aware of securities under LT-ASM framework
  • Brokers should inform clients about enhanced surveillance status
  • Trading members must comply with any additional margin or position limit requirements
  • Investors should exercise caution when trading in LT-ASM securities

Important Dates

  • Effective Date: October 08, 2025 - LT-ASM framework applicability for listed securities

Impact Assessment

Market Impact: Medium - The inclusion of 7 securities in the LT-ASM framework may result in reduced liquidity and increased caution among investors for these stocks. The direct placement of Sumeet Industries in Stage IV indicates heightened surveillance concerns.

Affected Securities:

  • Deep Diamond India Ltd (539559)
  • Gold Coin Health Foods Ltd (538542)
  • KIOCL Ltd (540680, 140680)
  • MPIL Corporation Ltd (500450)
  • Skyline Ventures India Ltd (538919)
  • Virtual Global Education Ltd (534741)
  • Sumeet Industries Ltd (514211) - Stage IV

Trading Impact: Securities under LT-ASM may experience wider spreads, reduced trading volumes, and increased volatility due to enhanced surveillance status. Investors should conduct thorough due diligence before trading in these securities.

Impact Justification

Affects trading conditions for 7 securities under Long Term ASM framework with enhanced surveillance measures