Description
BSE announces addition of 6 securities to the Short Term 5/15/30 Days ASM Framework and removal of 10 securities, effective February 27, 2026.
Summary
BSE has issued its periodic update on the Short Term Additional Surveillance Measure (ST-ASM) framework. Effective February 27, 2026, six securities are being newly added to the Short Term 5/15/30 Days ASM framework, while ten securities are being removed. No securities are being moved to higher or lower stages within the framework at this time.
Key Points
- 6 securities added to the ST-ASM framework effective February 27, 2026, including CL Educate Ltd, Jindal Poly Films Ltd, and Yatra Online Ltd (three of which are also flagged by NSE).
- 10 securities removed from the ST-ASM framework effective February 27, 2026, including Easy Trip Planners Ltd and Rodium Realty Ltd.
- No securities are being moved to higher or lower ASM stages within the framework.
- Securities marked with
*are co-listed on NSE and flagged as per NSE criteria. - Securities marked with
@are SME scrips.
Regulatory Changes
The ST-ASM framework applies enhanced surveillance in the form of additional margin requirements across short-term windows of 5, 15, and 30 days. Securities entering this framework face tighter trading conditions to protect investors from abnormal price movements.
Securities Added to ST-ASM (Annexure I – Part A)
| Sr No | Scrip Code | ISIN | Scrip Name |
|---|---|---|---|
| 1 | 540403 | INE201M01029 | CL Educate Ltd* |
| 2 | 500227 | INE197D01010 | Jindal Poly Films Ltd* |
| 3 | 538742 | INE516E01019 | Panabyte Technologies Ltd |
| 4 | 530433 | INE960E01019 | Shiva Global Agro Industries Ltd |
| 5 | 524642 | INE528E01022 | Sikozy Realtors Ltd |
| 6 | 543992 | INE0JR601024 | Yatra Online Ltd* |
Securities Removed from ST-ASM (Annexure II – Part A)
| Sr. No. | Scrip Code | ISIN | Scrip Name |
|---|---|---|---|
| 1 | 531658 | INE454E01013 | Abate As Industries Ltd |
| 2 | 530427 | INE865B01016 | Choksi Asia Ltd |
| 3 | 522001 | INE608B01010 | Cranex Ltd |
| 4 | 531553 | INE193D01019 | Disha Resources Ltd |
| 5 | 543272 | INE07O001026 | Easy Trip Planners Ltd |
| 6 | 539997 | INE552U01010 | Kwality Pharmaceuticals Ltd |
| 7 | 512489 | INE876A01023 | Oasis Securities Ltd |
| 8 | 541634 | INE960Z01014 | Raw Edge Industrial Solutions Ltd |
| 9 | 531822 | INE513E01024 | Rodium Realty Ltd |
| 10 | 530617 | INE375C01022 | Sampre Nutritions Ltd |
Note: Securities removed from ST-ASM may have been moved to LT-ASM, Trade for Trade, GSM, Pledge, or ESM frameworks as indicated by their respective markers.
Compliance Requirements
- Brokers and trading members must apply the applicable ST-ASM margin requirements for newly added securities from February 27, 2026.
- Investors holding or trading in newly added securities should be aware of enhanced surveillance and potential additional margin calls.
- Brokers must update their systems to reflect the removal of 10 securities from ST-ASM restrictions.
Important Dates
- Circular Date: February 26, 2026
- Effective Date: February 27, 2026 (for both additions and removals)
Impact Assessment
The inclusion of Jindal Poly Films Ltd (a relatively larger-cap company) and Yatra Online Ltd in the ST-ASM framework is noteworthy, as both are NSE-flagged, indicating cross-exchange surveillance alignment. Traders in these securities will face additional margin requirements, which may dampen short-term speculative activity. The removal of 10 securities, including Easy Trip Planners Ltd and Rodium Realty Ltd, provides relief to those market participants and may support liquidity recovery in those counters. Overall, this is a routine surveillance cycle update with moderate market impact limited to the specific scrips listed.
Impact Justification
Routine ST-ASM update affecting a limited set of securities; notable inclusions are Jindal Poly Films and Yatra Online (NSE-flagged). No stage movements within the framework. Impact is contained to the specific listed scrips.