Description

BSE places 1 security (Nutricircle Ltd) under Additional Surveillance Measure effective January 05, 2025, bringing total securities under this measure to 12.

Summary

BSE has shortlisted Nutricircle Ltd (Scrip Code: 530219, ISIN: INE536C01029) under Additional Surveillance Measure effective January 05, 2025, due to unusual price movement. The consolidated list now includes 12 securities subject to this enhanced monitoring framework designed to curb excessive speculation and protect investor interests.

Key Points

  • Nutricircle Ltd newly added to Additional Surveillance Measure framework
  • Total of 12 securities currently under this surveillance measure
  • Measure targets securities exhibiting unusual price movements
  • Framework aims to protect investor interests and maintain market integrity

Regulatory Changes

No new regulatory framework introduced. This circular applies existing Additional Surveillance Measure provisions to securities showing abnormal price behavior.

Compliance Requirements

  • Trading members must ensure compliance with Additional Surveillance Measure requirements for affected securities
  • Enhanced monitoring and reporting obligations apply to transactions in these 12 securities
  • Members should inform clients about surveillance status of these securities

Important Dates

  • Effective Date: January 05, 2025 - Additional Surveillance Measure applicable to Nutricircle Ltd

Impact Assessment

Trading Impact: Securities under Additional Surveillance Measure typically face restrictions such as higher margin requirements, trade-for-trade settlement, or periodic call auctions to dampen speculative activity.

Affected Securities (Consolidated List of 12):

  1. Avishkar Infra Realty Ltd (508929)
  2. Citizen Infoline Ltd (538786)
  3. Colab Platforms Ltd (542866)
  4. Dugar Housing Developments Ltd (511634)
  5. EMA India Ltd (522027)
  6. Mardia Samyoung Capillary Tubes Company Ltd (513544)
  7. Nutricircle Ltd (530219) - Newly Added
  8. Omansh Enterprises Ltd (538537)
  9. Oswal Overseas Ltd (531065)
  10. RRP Defense Ltd (530929)
  11. RRP Semiconductor Ltd (504346)
  12. SER Industries Ltd (507984)

Investor Consideration: Investors should exercise caution when trading in these securities as the surveillance measures indicate heightened regulatory scrutiny due to abnormal price movements.

Impact Justification

Affects one newly added security with unusual price movement; consolidated list of 12 securities now under heightened surveillance to protect market integrity