Description

BSE announces securities being added to and removed from the Short Term ASM Framework effective January 06, 2026, with 8 securities newly shortlisted and 8 securities moving out.

Summary

BSE has issued an update on the applicability of Short Term Additional Surveillance Measure (ST-ASM) Framework effective January 06, 2026. Eight securities are being newly shortlisted in the ST-ASM Framework, while eight securities are moving out of the framework. No securities are being moved to higher or lower stage ASM at this time.

Key Points

  • 8 securities newly shortlisted in Short Term 5/15/30 Days ASM Framework
  • 8 securities moving out of ST-ASM Framework
  • No securities moving to higher stage ASM
  • No securities moving to lower stage ASM
  • Changes effective from January 06, 2026
  • Consolidated list includes securities in Stage I ASM

Securities Being Added to ST-ASM (Effective Jan 06, 2026)

  1. Baba Arts Ltd (532380, INE893A01036)
  2. Mangalam Drugs & Organics Ltd (532637, INE584F01014)
  3. RDB Infrastructure And Power Ltd (533285, INE245L01028)
  4. Royal Cushion Vinyl Products Ltd (526193, INE618A01011)
  5. Sita Enterprises Ltd (512589, INE579D01019)
  6. Sovereign Diamonds Ltd (523826, INE959D01013)
  7. Super Bakers India Ltd (530735, INE897A01011)
  8. Vivimed Labs Ltd (532660, INE526G01021)

Securities Moving Out of ST-ASM (Effective Jan 06, 2026)

  1. Ceinsys Tech Ltd (538734, INE016Q01014)
  2. Global Capital Markets Ltd (530263, INE062C01042)
  3. Modi Rubber Ltd (500890, INE832A01018)
  4. My Money Securities Ltd (538862, INE232L01018)
  5. POCL Enterprises Ltd (539195, INE035S01028)
  6. Quantum Digital Vision India Ltd (530281, INE373C01019)
  7. Sasken Technologies Ltd (532663, INE231F01020)
  8. Vivid Mercantile Ltd (542046, INE647Z01025)

Regulatory Changes

The Short Term ASM Framework is designed to alert investors about securities exhibiting abnormal price movements. Securities in this framework face enhanced surveillance measures including stricter price bands, higher margin requirements, and trading restrictions.

Compliance Requirements

  • Investors trading in securities under ST-ASM Framework must comply with enhanced surveillance measures
  • Securities marked with special symbols (@, ~, *) have additional characteristics or restrictions
  • SME scrips and T+0 scrips have specific applicability conditions
  • Securities may move between frameworks (LT-ASM, Trade for Trade, GSM, Pledge, ESM)

Important Dates

  • Effective Date: January 06, 2026 - Changes to ST-ASM Framework become applicable

Impact Assessment

The addition of 8 securities to ST-ASM Framework will result in enhanced surveillance and trading restrictions for these stocks, potentially impacting liquidity and investor participation. The removal of 8 securities indicates improved price stability or migration to other surveillance frameworks. Investors in affected securities should be aware of the enhanced margin requirements and potential trading limitations that come with ST-ASM classification. The framework serves as an investor protection mechanism to curb excessive speculation and price manipulation.

Impact Justification

Affects 16 securities with changes to surveillance framework, impacting trading conditions for these stocks but limited to specific securities rather than market-wide impact