Description

BSE announces securities being added to and continuing in the Long Term Additional Surveillance Measure (LT-ASM) framework effective January 23, 2026.

Summary

BSE has released the updated list of securities under the Long Term Additional Surveillance Measure (LT-ASM) framework effective January 23, 2026. Four securities are being newly added to the LT-ASM framework: Capital Trust Ltd, Jay Ambe Supermarkets Ltd, Rekvina Laboratories Ltd, and Sirohia & Sons Ltd. No securities are moving to higher or lower ASM stages, being directly placed in Stage IV, or exiting the framework.

Key Points

  • 4 securities newly shortlisted for LT-ASM framework: Capital Trust Ltd (511505), Jay Ambe Supermarkets Ltd (544514), Rekvina Laboratories Ltd (526075), and Sirohia & Sons Ltd (538667)
  • No securities moving to higher ASM stages within LT-ASM framework
  • No securities moving to lower ASM stages within LT-ASM framework
  • No securities being directly placed in Stage IV LT-ASM
  • No securities moving out of LT-ASM framework
  • Consolidated list includes 18+ securities across various ASM stages (I, II, IV)
  • Framework applies enhanced surveillance and trading restrictions to identified securities

Regulatory Changes

The LT-ASM framework continues to apply enhanced surveillance measures to securities exhibiting certain characteristics warranting closer monitoring. Securities in this framework are subject to additional margin requirements and trading restrictions to protect investor interests.

Compliance Requirements

  • Trading members must ensure compliance with enhanced margin requirements for securities under LT-ASM
  • Investors trading in LT-ASM securities should be aware of additional surveillance measures and potential trading restrictions
  • Market participants must monitor ASM stage classifications as they determine applicable margin and trading conditions

Important Dates

  • Effective Date: January 23, 2026 - New securities enter LT-ASM framework and updated classifications become applicable

Impact Assessment

The addition of 4 securities to the LT-ASM framework will subject them to enhanced surveillance and higher margin requirements, which may reduce liquidity and trading volumes in these stocks. Existing holders and potential investors should be aware of the increased regulatory scrutiny. The consolidated list shows securities distributed across multiple ASM stages, indicating varying levels of surveillance intensity based on individual security characteristics.

Impact Justification

Affects specific securities under enhanced surveillance with trading restrictions, but limited to 4 new securities entering the framework