Description

BSE updates the list of securities under Long Term Additional Surveillance Measure (LT-ASM) framework, adding 3 new securities and providing consolidated list of all securities under various ASM stages.

Summary

BSE has issued an update on securities under the Long Term Additional Surveillance Measure (LT-ASM) framework effective January 29, 2026. Three securities have been newly shortlisted for inclusion in LT-ASM: Genesis Ibrc India Ltd, Last Mile Enterprises Ltd, and Atvo Enterprises Ltd. No securities are moving to higher or lower ASM stages, moving to direct Stage IV, or exiting the LT-ASM framework during this update.

Key Points

  • 3 new securities added to Long Term ASM Framework
  • Genesis Ibrc India Ltd (Scrip Code: 514336, ISIN: INE194N01016)
  • Last Mile Enterprises Ltd (Scrip Code: 526961, ISIN: INE404B01022)
  • Atvo Enterprises Ltd (Scrip Code: 532090, ISIN: INE219M01021)
  • No securities moving to higher or lower ASM stages
  • No securities moving out of LT-ASM framework
  • Consolidated list includes securities across ASM Stages I, II, and IV

Regulatory Changes

The circular implements periodic updates to the Long Term Additional Surveillance Measure framework, which subjects securities to enhanced surveillance based on specific criteria. Securities under LT-ASM face trading restrictions and additional monitoring to protect investor interests.

Compliance Requirements

  • Trading members must be aware of securities under LT-ASM framework
  • Enhanced due diligence required for transactions in listed securities
  • Investors should note the surveillance status before trading
  • Market participants must comply with applicable trading restrictions for ASM securities

Important Dates

  • Effective Date: January 29, 2026 - New LT-ASM classifications become applicable

Impact Assessment

The addition of 3 securities to LT-ASM framework will result in enhanced surveillance and potential trading restrictions for these stocks. This measure is designed to curb excessive speculation and protect investor interests in securities exhibiting unusual price movements or volatility patterns. The consolidated list provides transparency on all securities currently under various stages of Additional Surveillance Measure, helping market participants make informed trading decisions.

Impact Justification

Affects trading in 3 newly added securities under LT-ASM framework with enhanced surveillance measures. Regular periodic update with limited scope.