Description

BSE announces inclusion of 7 securities in Long Term ASM Framework and exit of 2 securities, effective February 06, 2026.

Summary

BSE has updated the list of securities under the Long Term Additional Surveillance Measure (LT-ASM) Framework effective February 06, 2026. Seven securities are being newly included in the framework, while two securities are exiting due to their inclusion in the Enhanced Surveillance Measure (ESM) Framework. No securities are being moved to higher or lower ASM stages within the framework.

Key Points

  • 7 securities newly shortlisted for Long Term ASM Framework
  • 2 securities moving out of LT-ASM due to inclusion in ESM Framework
  • No securities moving to higher or lower ASM stages
  • No securities directly moved to Stage IV under notice no.20210604-41
  • Changes effective from February 06, 2026

Securities Included in LT-ASM (Part A)

  1. Amerise Biosciences Ltd (Scrip Code: 531681, ISIN: INE673C01020)
  2. Chandra Prabhu International Ltd (Scrip Code: 530309, ISIN: INE368D01025)
  3. Franklin Leasing and Finance Ltd (Scrip Code: 539839, ISIN: INE399S01010)
  4. Genus Prime Infra Ltd (Scrip Code: 532425, ISIN: INE256D01014)
  5. Shanti Guru Industries Ltd (Scrip Code: 534708, ISIN: INE892L01019)
  6. Sunrise Efficient Marketing Ltd (Scrip Code: 543515, ISIN: INE0KPY01017)
  7. Symbiox Investment & Trading Company Ltd (Scrip Code: 539278, ISIN: INE653R01012)

Securities Exiting LT-ASM (Annexure II)

  1. J.A. Finance Ltd (Scrip Code: 543860, ISIN: INE825B01010) - moved to ESM Framework
  2. Sancode Technologies Ltd (Scrip Code: 543897, ISIN: INE0P7001013) - moved to ESM Framework

Regulatory Framework

The Long Term ASM Framework is a surveillance mechanism designed to alert investors about securities that have consistently displayed unusual price movements or heightened volatility over an extended period. Securities under this framework are subject to additional surveillance measures to protect investor interests.

Compliance Requirements

  • Investors and brokers should note the inclusion of these securities in the LT-ASM Framework
  • Enhanced due diligence recommended for trading in these securities
  • Securities moving to ESM Framework will be subject to ESM-specific restrictions
  • Market participants should review their positions in affected securities

Important Dates

  • Effective Date: February 06, 2026
  • Circular Date: February 05, 2026

Impact Assessment

Market Impact: The inclusion of securities in LT-ASM typically indicates heightened volatility or unusual price movements. Investors holding these securities should exercise caution and conduct thorough due diligence before trading.

Trading Impact: Securities under LT-ASM may face additional scrutiny and potential trading restrictions depending on their stage within the framework. The two securities moving to ESM will face stricter surveillance measures.

Investor Impact: Limited to holders and potential investors in the 9 affected securities. The consolidated list in Annexure III shows the complete universe of securities under various ASM stages for reference.

Impact Justification

Affects 9 securities with surveillance measure changes. Limited direct market impact but important for investors in these specific stocks.