NSE applies Short-Term Additional Surveillance Measure (ST-ASM) to 24 new securities under Stage I, moves CEDAAR to Stage II, and excludes 13 securities from the ASM framework, all effective April 24, 2026.
Impact
High
Severity
High
Justification
Directly affects trading conditions (margins, price bands, surveillance) for 38 securities across addition, escalation, and exclusion actions; traders and investors in these stocks must act before April 24, 2026.
BSE announces the transfer of BF Utilities Ltd (Scrip Code: 532430) from 'Z' group to 'B' group effective April 21, 2026, following compliance with listing regulations.
Impact
Medium
Severity
Medium
Justification
Affects a single scrip (BF Utilities Ltd); reclassification from Z to B group is a positive compliance milestone for the company and its investors, but has limited broader market impact.
NSE transfers trading in BF Utilities Limited (BFUTILITIE) from the BZ series to the EQ series effective April 21, 2026, pursuant to SEBI Master Circular on surveillance measures.
Impact
Medium
Severity
Medium
Justification
Affects a single stock (BF Utilities Limited) being moved out of the BZ surveillance category to the regular EQ series, signaling improved compliance status. Relevant to holders and traders of BFUTILITIE but limited broader market impact.
SEBI settlement order against Kalyani Steels Limited, BF Utilities Limited, and Mrs. Deepti R Puranik for alleged fund diversion and misuse through investments in promoter group companies with nil operations and negative net worth.
Impact
Medium
Severity
High
Justification
Involves serious allegations of fund diversion and fraudulent trade practices against a listed company and its promoter group over a 12-year investigation period; settlement reduces immediate market impact but underlying governance concerns are significant.
BSE demat auction settlement listing securities and quantities for auction on January 28, 2026.
Impact
Medium
Severity
Medium
Justification
Routine demat auction settlement affecting multiple securities with specific quantities to be auctioned, primarily impacting brokers and investors with pending delivery obligations
List of securities subject to Reversal Trade Cancellation Mechanism (RTCM) for December 2025, covering over 300 stocks where specific trade cancellation procedures will apply.
Impact
Medium
Severity
Medium
Justification
Affects trading operations for over 300 securities with specific trade cancellation procedures. Important for traders and market participants dealing with these stocks to understand RTCM applicability.
BSE will transfer 8 scrips to 'Z' group effective October 27, 2025, due to non-compliance with quarterly financial results filing requirements for two consecutive quarters (March 2025 & June 2025).
Impact
High
Severity
High
Justification
Transfer to Z group significantly restricts trading liquidity with Trade-for-Trade settlement, impacting 8 companies and their shareholders. Indicates serious compliance failures in financial reporting.
NSE circular regarding shifting of securities to Z Category for companies non-compliant with Regulation 33 (submission of financial results) for two consecutive quarters.
Impact
High
Severity
High
Justification
Affects trading category of multiple companies, restricting liquidity through trade-for-trade settlement, impacting investor ability to trade these securities.
Updated list of 213 securities eligible for Securities Lending and Borrowing Scheme (SLBS) on NSE.
Impact
Medium
Severity
Medium
Justification
Regular update of SLBS eligible securities list affects trading opportunities for institutional investors and market participants in securities lending and borrowing activities