Description
NSE announces the list of securities shortlisted under the Short-Term Additional Surveillance Measure (ST-ASM) Framework Stage I, effective April 10, 2026, covering 59+ securities across various sectors.
Summary
NSE has announced the list of securities shortlisted under the Short-Term Additional Surveillance Measure (ST-ASM) Framework Stage I, effective April 10, 2026. This circular identifies 59+ securities that have been placed under enhanced surveillance due to unusual price/volume movements or other market-related concerns. Securities under ST-ASM are subject to additional margin requirements and trading restrictions.
Key Points
- 59+ securities have been shortlisted under ST-ASM Framework Stage I effective April 10, 2026
- Securities span multiple sectors including pharmaceuticals, technology, infrastructure, energy, and financial services
- Notable inclusions: EASEMYTRIP (Easy Trip Planners), HTMEDIA (HT Media), EMUDHRA, DREAMFOLKS, JTLIND (JTL Industries), KESORAMIND (Kesoram Industries)
- Securities are identified by Symbol, Security Name, and ISIN in the annexure
- ST-ASM Stage I typically involves enhanced surveillance with additional margin requirements
Regulatory Changes
The following securities are being moved into ST-ASM Stage I framework:
- Aaron Industries Limited (AARON) - INE721Z01010
- Aartech Solonics Limited (AARTECH) - INE01C001026
- Accretion Pharmaceuticals Limited (ACCPL) - INE0T8T01010
- Artemis Electricals and Projects Limited (AEPL) - INE757T01025
- Aeron Composite Limited (AERON) - INE0WL801011
- Affordable Robotic & Automation Limited (AFFORDABLE) - INE692Z01013
- Agro Phos India Limited (AGROPHOS) - INE740V01019
- AKI India Limited (AKI) - INE642Z01026
- Alankit Limited (ALANKIT) - INE914E01040
- Alkali Metals Limited (ALKALI) - INE773I01017
- Amir Chand Jagdish Kumar (Exports) Limited (AMIRCHAND) - INE05TO01019
- Anik Industries Limited (ANIKINDS) - INE087B01017
- Anmol India Limited (ANMOL) - INE02AR01019
- Australian Premium Solar (India) Limited (APS) - INE0P0001010
- ARC Insulation & Insulators Limited (ARCIIL) - INE0YDV01010
- Art Nirman Limited (ARTNIRMAN) - INE738V01013
- Allcargo Terminals Limited (ATL) - INE0NN701020
- Auro Impex & Chemicals Limited (AUROIMPEX) - INE0NUL01018
- Shree Tirupati Balajee Agro Trading Company Limited (BALAJEE) - INE0S2G01011
- Bhadora Industries Limited (BHADORA) - INE0ZRC01017
- Bhagiradha Chemicals & Industries Limited (BHAGCHEM) - INE414D01027
- Consolidated Construction Consortium Limited (CCCL) - INE429I01024
- Classic Electrodes (India) Limited (CLASSICEIL) - INE0UQ601012
- DELPHI WORLD MONEY LIMITED (DELPHIFX) - INE726L01027
- Delta Autocorp Limited (DELTIC) - INE0XRN01019
- Digicontent Limited (DGCONTENT) - INE03JI01017
- Dreamfolks Services Limited (DREAMFOLKS) - INE0JS101016
- Drone Destination Limited (DRONE) - INE0P7201019
- Ducol Organics And Colours Limited (DUCOL) - INE0LZO01015
- Dynamic Services & Security Limited (DYNAMIC) - INE0DZ701010
- Easy Trip Planners Limited (EASEMYTRIP) - INE07O001026
- Eppeltone Engineers Limited (EEPL) - INE11HF01010
- eMudhra Limited (EMUDHRA) - INE01QM01018
- EPack Prefab Technologies Limited (EPACKPEB) - INE0MLS01022
- Excelsoft Technologies Limited (EXCELSOFT) - INE606N01019
- FCS Software Solutions Limited (FCSSOFT) - INE512B01022
- Genus Paper & Boards Limited (GENUSPAPER) - INE949P01018
- Global Vectra Helicorp Limited (GLOBALVECT) - INE792H01019
- GP Eco Solutions India Limited (GPECO) - INE0S7E01015
- GTL Limited (GTL) - INE043A01012
- Gurunanak Agriculture India Limited (GURUNANAK) - INE1CCX01012
- HEC Infra Projects Limited (HECPROJECT) - INE558R01013
- Hi-Green Carbon Limited (HIGREEN) - INE0PIC01017
- Hindcon Chemicals Limited (HINDCON) - INE642Y01029
- HLV LIMITED (HLVLTD) - INE102A01024
- HT Media Limited (HTMEDIA) - INE501G01024
- Indian Emulsifiers Limited (IEML) - INE0RRU01016
- Inventure Growth & Securities Limited (INVENTURE) - INE878H01024
- Jayesh Logistics Limited (JAYESH) - INE1AE401014
- JHS Svendgaard Laboratories Limited (JHS) - INE544H01014
- JTL INDUSTRIES LIMITED (JTLIND) - INE391J01032
- K2 Infragen Limited (K2INFRA) - INE0DEZ01013
- Kamdhenu Ventures Limited (KAMOPAINTS) - INE0BTI01037
- Kay Cee Energy & Infra Limited (KCEIL) - INE0RCG01017
- Kesoram Industries Limited (KESORAMIND) - INE087A01019
- Kontor Space Limited (KONTOR) - INE0KZ301010
- Kopran Limited (KOPRAN) - INE082A01010
- Lloyds Enterprises Limited (LLOYDSENT) - INE080I01025
- Sri Lotus Developers and Realty Limited (LOTUSDEV) - INE0V9Q01…
Compliance Requirements
- Trading members must apply additional margin requirements for all securities listed under ST-ASM Stage I
- Clients/investors holding or trading these securities must be aware of enhanced surveillance status
- Brokers must inform clients about the ST-ASM applicability and associated trading conditions
- All trades in these securities on and after April 10, 2026 will be subject to ST-ASM Stage I conditions
Important Dates
- Effective Date: April 10, 2026 — ST-ASM Stage I applicability begins for all listed securities
- Circular Date: April 9, 2026
Impact Assessment
This circular has a high market impact as it places 59+ securities under the ST-ASM framework, which typically results in:
- Increased margin requirements for traders and investors in these securities
- Reduced liquidity as higher margins discourage speculative trading
- Potential price corrections as leveraged positions may be unwound
- Investor awareness about unusual price/volume activity in these securities
The list includes a mix of small-cap and mid-cap companies across diverse sectors. Notably, some well-known names like EASEMYTRIP, HTMEDIA, EMUDHRA, DREAMFOLKS, and KESORAMIND are included, which may attract market attention. Securities placed under ST-ASM are subject to periodic review, and may be moved to higher stages or removed based on subsequent price/volume behavior.
Impact Justification
Directly affects trading conditions for 59+ listed securities by placing them under ST-ASM Stage I, which imposes additional margin and trading restrictions effective April 10, 2026.