Description

BSE implements additional surveillance measures on 15 securities witnessing unusual price movements, effective January 12, 2025. Three new securities added to the surveillance list.

Summary

BSE has issued a circular regarding the applicability of Additional Surveillance Measure (ASM) for securities witnessing unusual price movements. Three new securities have been added to the surveillance list effective January 12, 2025: Deccan Bearings Ltd, Filtron Engineers Ltd, and Onix Solar Energy Ltd. The consolidated list now contains 15 securities under enhanced surveillance measures.

Key Points

  • Three securities newly shortlisted for Additional Surveillance Measure effective January 12, 2025
  • Total of 15 securities currently under additional surveillance
  • Measure applies to securities experiencing unusual price movements
  • Enhanced monitoring and trading restrictions may apply to listed securities

Newly Added Securities (Effective January 12, 2025)

  1. Deccan Bearings Ltd (Scrip Code: 505703, ISIN: INE498D01012)
  2. Filtron Engineers Ltd (Scrip Code: 531191, ISIN: INE589N01017)
  3. Onix Solar Energy Ltd (Scrip Code: 513119, ISIN: INE173M01012)

Consolidated List of Securities Under Surveillance

  1. Avishkar Infra Realty Ltd (508929, INE433O01024)
  2. Citizen Infoline Ltd (538786, INE473L01018)
  3. Colab Platforms Ltd (542866, INE317W01030)
  4. Deccan Bearings Ltd (505703, INE498D01012)
  5. Dugar Housing Developments Ltd (511634, INE919M01026)
  6. EMA India Ltd (522027, INE279D01016)
  7. Filtron Engineers Ltd (531191, INE589N01017)
  8. Mardia Samyoung Capillary Tubes Company Ltd (513544, INE277E01026)
  9. Nutricircle Ltd (530219, INE536C01029)
  10. Omansh Enterprises Ltd (538537, INE378P01036)
  11. Onix Solar Energy Ltd (513119, INE173M01012)
  12. Oswal Overseas Ltd (531065, INE906K01027)
  13. RRP Defense Ltd (530929, INE535P01015)
  14. RRP Semiconductor Ltd (504346, INE713N01013)
  15. SER Industries Ltd (507984, INE358F01013)

Regulatory Changes

BSE has expanded its Additional Surveillance Measure framework to include three more securities that have exhibited unusual price movements. This measure is part of the exchange’s ongoing efforts to maintain market integrity and protect investors from excessive volatility and potential manipulation.

Compliance Requirements

  • Trading members must comply with additional surveillance requirements for the listed securities
  • Enhanced monitoring and reporting obligations may apply
  • Investors should be aware of potential trading restrictions including margin requirements, price bands, or circuit filters
  • Market participants must adhere to the heightened due diligence standards for transactions in these securities

Important Dates

  • Circular Date: January 9, 2026
  • Effective Date: January 12, 2025 (for newly added securities)

Impact Assessment

Market Impact: The addition of these three securities to the surveillance list signals regulatory concern about their trading patterns. Investors in these stocks should expect increased scrutiny and potential trading restrictions.

Trading Impact: Securities under Additional Surveillance Measure typically face higher margin requirements, reduced position limits, and other trading restrictions designed to curb speculative activity. This may reduce liquidity and increase transaction costs for these securities.

Investor Impact: Shareholders and prospective investors in the 15 listed securities should exercise heightened caution. The surveillance designation indicates abnormal price movements that may not reflect fundamental value changes. Investors should conduct thorough due diligence before trading in these securities.

Impact Justification

Affects 15 securities with trading restrictions due to unusual price movements. Important for investors and traders in these specific stocks but limited broader market impact.