Introduction of Additional Measure for Securities Witnessing Unusual Price Movement

Description

BSE introduces additional surveillance measures for securities experiencing unusual price movements, with 1 security being added and a consolidated list of 10 securities now under surveillance effective November 17, 2025.

Summary

BSE has announced the introduction of additional surveillance measures for securities witnessing unusual price movements. Avishkar Infra Realty Ltd has been newly added to the Additional Surveillance Measure (ASM) list effective November 17, 2025. A consolidated list of 10 securities currently under this surveillance framework is also provided.

Key Points

• One security (Avishkar Infra Realty Ltd - Scrip Code: 508929, ISIN: INE433O01024) has been shortlisted for Additional Surveillance Measure
• The measure will be effective from November 17, 2025
• A consolidated list includes 10 securities currently under additional surveillance
• These measures are applied to securities experiencing unusual price movements
• The surveillance framework aims to protect market integrity and investor interests

Regulatory Changes

BSE has expanded its Additional Surveillance Measure framework by adding Avishkar Infra Realty Ltd to the list of securities under enhanced monitoring. This measure is part of BSE’s ongoing efforts to identify and monitor securities that exhibit abnormal price behavior.

Compliance Requirements

• Market participants must be aware of the surveillance status of these securities
• Trading in these securities may be subject to additional restrictions or monitoring
• Investors should exercise caution when trading in securities under Additional Surveillance Measure
• Brokers and trading members should ensure proper disclosure to clients about the surveillance status

Important Dates

• Effective Date: November 17, 2025 - Additional Surveillance Measure applies to Avishkar Infra Realty Ltd

Impact Assessment

Market Impact: The inclusion of securities in the Additional Surveillance Measure list can affect liquidity and trading volumes as it signals heightened regulatory scrutiny. Market participants may exercise increased caution when trading these securities.

Operational Impact: The 10 securities under surveillance may experience:

• Reduced trading activity due to investor caution
• Potential impact on price discovery mechanisms
• Enhanced monitoring requirements for brokers and market intermediaries
• Possible additional margin requirements or trading restrictions

Investor Impact: Investors holding or considering positions in these securities should be aware of the unusual price movements that triggered the surveillance measures and conduct thorough due diligence.

Securities Under Additional Surveillance Measure

Impact Justification

This circular affects trading in 10 securities under additional surveillance for unusual price movements. It has medium importance as it impacts specific stocks and their liquidity, with investors and traders in these securities needing to be aware of enhanced surveillance measures.