Description

BSE introduces additional surveillance measures for 9 securities showing unusual price movements, effective November 10, 2025.

Summary

BSE has announced the introduction of Additional Surveillance Measures for 9 securities that have witnessed unusual price movements. These measures will be effective from November 10, 2025. The surveillance action is intended to protect investor interests and maintain market integrity by monitoring securities with abnormal trading patterns.

Key Points

  • 9 securities placed under additional surveillance measures
  • Effective date: November 10, 2025
  • Action taken due to unusual price movements in these securities
  • Measure applies to both equity trading and related activities

Affected Securities

The following securities are subject to additional surveillance measures:

  1. Citizen Infoline Ltd (Scrip Code: 538786, ISIN: INE473L01018)
  2. Colab Platforms Ltd (Scrip Code: 542866, ISIN: INE317W01030)
  3. Dugar Housing Developments Ltd (Scrip Code: 511634, ISIN: INE919M01026)
  4. EMA India Ltd (Scrip Code: 522027, ISIN: INE279D01016)
  5. Mardia Samyoung Capillary Tubes Company Ltd (Scrip Code: 513544, ISIN: INE277E01026)
  6. Omansh Enterprises Ltd (Scrip Code: 538537, ISIN: INE378P01036)
  7. Oswal Overseas Ltd (Scrip Code: 531065, ISIN: INE906K01027)
  8. RRP Defense Ltd (Scrip Code: 530929, ISIN: INE535P01015)
  9. RRP Semiconductor Ltd (Scrip Code: 504346, ISIN: INE713N01013)

Regulatory Changes

Additional Surveillance Measures typically include:

  • Enhanced monitoring of trading activity
  • Possible reduction in price bands
  • Trade-for-trade settlement requirements
  • 100% upfront margin requirements
  • Restrictions on certain types of orders

Compliance Requirements

  • Investors: Must provide full upfront margins for trades in these securities
  • Brokers: Required to collect 100% margins before order placement
  • Trading Members: Must ensure compliance with enhanced surveillance norms
  • All market participants should be aware of the restricted trading conditions

Important Dates

  • Effective Date: November 10, 2025
  • Securities will remain under surveillance until BSE decides to remove them based on normalized trading patterns

Impact Assessment

Market Impact:

  • Reduced liquidity in affected securities due to stricter trading requirements
  • Potential decrease in speculative trading activity
  • Increased margin requirements may deter short-term traders

Investor Impact:

  • Higher capital requirements for trading these securities
  • Compulsory delivery-based settlement
  • Limited intraday trading opportunities
  • Enhanced protection against excessive volatility

Operational Impact:

  • Brokers need to update risk management systems
  • Enhanced monitoring and reporting requirements
  • Investors should exercise caution when trading these securities

Impact Justification

Affects 9 securities with trading restrictions due to unusual price movements, impacting liquidity and trading activity for these specific stocks