Description
BSE announces changes to securities under Short Term Additional Surveillance Measure framework, with 21 securities added and 14 securities removed effective February 09, 2026.
Summary
BSE has announced changes to the Short Term Additional Surveillance Measure (ST-ASM) framework effective February 09, 2026. A total of 21 securities have been shortlisted for inclusion in the ST-ASM 5/15/30 Days framework, while 14 securities are being removed from the framework. No securities are being moved to higher or lower stage ASM within the short-term framework.
Key Points
- 21 securities newly included in Short Term 5/15/30 Days ASM Framework
- 14 securities moving out of ST-ASM Framework
- Changes effective from February 09, 2026
- No securities moving to higher or lower stages within ST-ASM framework
- Some securities moving out due to inclusion in other surveillance frameworks (LT-ASM, Trade for Trade, GSM, ESM)
- Includes both mainboard and SME scrips
Regulatory Changes
The ST-ASM framework applies additional surveillance measures to securities based on short-term price movements and volatility patterns over 5/15/30 day periods. Securities under this framework face enhanced monitoring and may have trading restrictions to curb excessive speculation.
Compliance Requirements
- Trading members must be aware of securities under ST-ASM framework
- Enhanced margin requirements typically apply to ST-ASM securities
- Investors should note that securities in ST-ASM may have restricted trading conditions
- Market participants must comply with any additional requirements specified for ST-ASM securities
Important Dates
- Effective Date: February 09, 2026 - Changes to ST-ASM framework become applicable
Impact Assessment
Trading Impact: Securities entering ST-ASM framework will face enhanced surveillance and potentially higher margins, which may reduce speculative activity and trading volumes. The 21 newly included securities will experience more stringent monitoring.
Liquidity Impact: ST-ASM designation typically reduces liquidity as margin requirements increase and retail participation may decline. However, 14 securities exiting the framework will see relaxation of restrictions.
Investor Impact: Investors holding securities in ST-ASM framework should be prepared for potential increased costs and reduced liquidity. Some securities marked with special indicators (NSE alignment, SME scrips, T+0 scrips) have additional considerations.
Securities Added to ST-ASM (21 total)
- Aditya Ispat Ltd (513513)
- ARC Finance Ltd (540135)
- Artificial Electronics Intelligent Material Ltd (526443)
- Bartronics India Ltd (532694) - moving to Trade for Trade
- Desco Infratech Ltd (544387) - SME scrip
- Ducon Infratechnologies Ltd (534674)
- Kabra Extrusiontechnik Ltd (524109)
- Magna Electro Castings Ltd (517449)
- NMS Resources Global Ltd (522289)
- Pokarna Ltd (532486)
- Rajnish Retail Ltd (530525)
- Shanti Educational Initiatives Ltd (539921)
- Shreeji Shipping Global Ltd (544490)
- Stratmont Industries Ltd (530495)
- Swojas Foods Ltd (530217)
- Sylph Technologies Ltd (511447)
- Toyam Sports Ltd (538607)
- Trio Mercantile & Trading Ltd (534755)
- TTI Enterprise Ltd (538597)
- Ujaas Energy Ltd (533644)
- VTM Ltd (532893)
Securities Removed from ST-ASM (14 total)
- Bajaj Consumer Care Ltd (533229)
- Ceeta Industries Ltd (514171)
- D & H India Ltd (517514)
- Delta Industrial Resources Ltd (539596)
- Gokak Textiles Ltd (532957)
- Hybrid Financial Services Ltd (500262)
- IB Infotech Enterprises Ltd (519463)
- Intec Capital Ltd (526871)
- Omax Autos Ltd (520021)
- Padam Cotton Yarns Ltd (531395)
- Panorama Studios International Ltd (539469)
- SPEL Semiconductor Ltd (517166)
- Tijaria Polypipes Ltd (533629)
- Vashishtha Luxury Fashion Ltd (544508) - SME scrip
Impact Justification
Affects 35 securities total with enhanced surveillance measures that may impact trading liquidity and investor participation. Material for affected securities but routine surveillance action.