Description

NSE implements Long Term ASM on Aaron Industries Limited with 100% margin requirement effective August 21, 2025.

Summary

NSE has implemented Long Term Additional Surveillance Measure (ASM) on Aaron Industries Limited (AARON) under Stage-I framework. The measure includes 100% margin requirement on all positions effective August 21, 2025.

Key Points

  • Aaron Industries Limited (ISIN: INE721Z01010) included in Long Term ASM Framework Stage-I
  • 100% margin rate applicable on all open positions as on August 20, 2025 and new positions from August 21, 2025
  • No securities moving to Stage-IV (Trade-for-Trade segment)
  • ASM framework operates in conjunction with other surveillance measures
  • Shortlisting is purely for market surveillance purposes, not adverse action against company

Regulatory Changes

Implementation of Long Term Additional Surveillance Measure with enhanced margin requirements for identified security meeting ASM criteria.

Compliance Requirements

  • Market participants must maintain 100% margin for AARON positions
  • Compliance with enhanced margin requirements from August 21, 2025
  • Adherence to all prevailing surveillance measures

Important Dates

  • August 18, 2025: Circular issued
  • August 19, 2025: ASM framework takes effect
  • August 20, 2025: Last day for existing positions under current margin
  • August 21, 2025: 100% margin requirement becomes effective

Impact Assessment

High impact on trading liquidity and cost of trading for Aaron Industries Limited. The 100% margin requirement significantly increases capital requirements for traders and may reduce trading volumes. Market participants should adjust their risk management and position sizing strategies accordingly.

Impact Justification

100% margin requirement significantly impacts trading and liquidity for affected security