Description
BSE announces addition of 6 securities to the Short Term 5/15/30 Days ASM Framework and removal of 10 securities, effective March 04, 2026.
Summary
BSE has issued an update to the Short Term Additional Surveillance Measure (ST-ASM) framework under the 5/15/30 Days ASM criteria. Six new securities are being added to the framework and ten securities are being removed, effective March 04, 2026. No securities are being moved to a higher or lower ASM stage in this update.
Key Points
- 6 securities newly shortlisted under ST-ASM (5/15/30 Days) framework effective March 04, 2026
- 10 securities removed from ST-ASM framework effective March 04, 2026
- No securities moved to higher or lower ASM stages in this cycle
- 2 securities added (Sukhjit Starch & Chemicals Ltd, Xtglobal Infotech Ltd) are per NSE shortlisting
- 1 SME scrip (Zelio E Mobility Ltd) added to ST-ASM
- 2 securities (Cemantic Infra-Tech Ltd, Sikozy Realtors Ltd) moved out due to inclusion in LT-ASM Framework
- 1 SME scrip (Techknowgreen Solutions Ltd) moving out of ST-ASM
Regulatory Changes
The ST-ASM framework applies enhanced margin requirements (5%, 15%, or 30% additional surveillance margin depending on stage) to shortlisted securities. This circular updates the list of securities subject to these requirements:
Newly Added (Annexure I):
| Sr No | Scrip Code | ISIN | Scrip Name |
|---|---|---|---|
| 1 | 519606 | INE177M01013 | Integrated Proteins Ltd |
| 2 | 511018 | INE679T01013 | Milgrey Finance & Investments Ltd |
| 3 | 524542 | INE450E01029 | Sukhjit Starch & Chemicals Ltd * |
| 4 | 531069 | INE362D01010 | Vijay Solvex Ltd |
| 5 | 531225 | INE547B01028 | Xtglobal Infotech Ltd * |
| 6 | 544563 | INE1B3501014 | Zelio E Mobility Ltd @ |
* As per NSE | @ SME Scrip
Removed from ST-ASM (Annexure II):
| Sr No | Scrip Code | ISIN | Scrip Name |
|---|---|---|---|
| 1 | 538596 | INE222B01028 | Cemantic Infra-Tech Ltd * |
| 2 | 532980 | INE020J01029 | Gokul Refoils & Solvent Ltd |
| 3 | 532334 | INE640B01021 | HB Estate Developers Ltd |
| 4 | 531583 | INE483D01014 | Rap Corp Ltd |
| 5 | 519238 | INE233P01017 | Saptarishi Agro Industries Ltd |
| 6 | 523309 | INE241V01018 | Shri Gang Industries & Allied Products Ltd |
| 7 | 524642 | INE528E01022 | Sikozy Realtors Ltd * |
| 8 | 530217 | INE295B01016 | Swojas Foods Ltd |
| 9 | 526506 | INE356B01024 | Systematix Corporate Services Ltd |
| 10 | 543991 | INE0P4P01011 | Techknowgreen Solutions Ltd @ |
* Moving out due to inclusion in LT-ASM Framework | @ SME Scrip
Compliance Requirements
- Brokers/Members: Must apply applicable ST-ASM margin requirements for the newly added securities from March 04, 2026
- Brokers/Members: Must remove ST-ASM margin requirements for the 10 securities exiting the framework from March 04, 2026
- Investors: Trading in ST-ASM securities requires payment of additional surveillance margin; positions in newly added securities will attract these margins
- Refer to Annexure III (consolidated list) for the full current list of securities under ST-ASM and their respective stages
Important Dates
- Circular Date: March 02, 2026
- Effective Date: March 04, 2026 (for all additions, removals, and stage changes)
Impact Assessment
This is a routine surveillance update with moderate impact on the specific securities affected. Securities added to ST-ASM will face increased margin requirements, which typically reduces speculative activity and may temporarily suppress trading volumes and price volatility. The 2 securities (Cemantic Infra-Tech Ltd and Sikozy Realtors Ltd) moving from ST-ASM to LT-ASM face a more restrictive regime. The 10 securities exiting ST-ASM may see improved trading liquidity as margin burdens are reduced. The inclusion of 1 SME scrip (Zelio E Mobility Ltd) in the framework reflects continued surveillance of the SME segment. Overall market impact is low; only traders and investors in the specific affected scrips need to take action.
Impact Justification
Routine surveillance measure update affecting a limited number of securities with enhanced margin requirements; no structural market changes, but directly impacts trading conditions for listed scrips.