Description

BSE circular detailing securities being added to, moved within, or removed from the Short Term Additional Surveillance Measure framework effective November 24, 2025.

Summary

BSE has updated the list of securities under the Short Term Additional Surveillance Measure (ST-ASM) framework effective November 24, 2025. Six securities are being newly shortlisted in the ST-ASM framework, while seven securities are moving out. No securities are being moved to higher or lower stages within the framework. The circular includes a consolidated list of all securities currently under ST-ASM with their respective stage classifications.

Key Points

  • 6 securities newly shortlisted in Short Term 5/15/30 Days ASM Framework (including 3 SME scrips)
  • 7 securities moving out of ST-ASM Framework (including 3 SME scrips)
  • No securities being moved to higher or lower ASM stages
  • Changes effective from November 24, 2025
  • One security (AVI Polymers Ltd) exiting due to inclusion in ESM Framework

Securities Added to ST-ASM (Stage I)

  1. AK Capital Services Ltd (530499, INE701G01012)
  2. Bampsl Securities Ltd (531591, INE802A01037)
  3. Dhampure Specialty Sugars Ltd (531923, INE956B01013)
  4. Eighty Jewellers Ltd@ (543518, INE0KSN01014) - SME Scrip
  5. Safecure Services Ltd@ (544596, INE0SVZ01015) - SME Scrip
  6. Shanmuga Hospital Ltd@ (544365, INE0TD301017) - SME Scrip

Securities Exiting ST-ASM Framework

  1. Anjani Foods Ltd (511153, INE096I01021)
  2. AVI Polymers Ltd$ (539288, INE897N01014) - Moving to ESM Framework
  3. DSM Fresh Foods Ltd@ (544568, INE0SUM01015) - SME Scrip
  4. Om Metallogic Ltd@ (544559, INE0R8Q01018) - SME Scrip
  5. Pearl Global Industries Ltd (532808, INE940H01022)
  6. Vivaa Tradecom Ltd@ (544002, INE0PA601017) - SME Scrip
  7. Yatra Online Ltd (543992, INE0JR601024)

Regulatory Framework

The ST-ASM framework is designed to alert investors about securities exhibiting abnormal price movements. Securities can be placed in this framework based on specific criteria related to price volatility and trading patterns. The framework operates on 5/15/30 day cycles with multiple stages of surveillance.

Important Dates

  • Effective Date: November 24, 2025
  • Circular Date: November 21, 2025

Impact Assessment

This surveillance measure update affects 13 securities with moderate trading restrictions. Securities under ST-ASM framework face additional surveillance including potential trading limitations and increased monitoring. The net change shows 6 additions and 7 removals, indicating routine surveillance adjustments. Investors in affected securities should note the enhanced surveillance status which may impact liquidity and trading patterns. The inclusion of multiple SME scrips reflects BSE’s focus on monitoring smaller capitalization securities with higher volatility potential.

Impact Justification

Affects trading conditions for 13 securities with 6 new entries into ST-ASM and 7 exits. Routine surveillance measure update with limited market-wide impact.