NSE announces changes to Enhanced Surveillance Measure (ESM) framework effective April 09, 2026, including addition of JYOTIGLOBL to Stage I, movement of BOHRAIND, POLYSIL, and SADBHAV from Stage I to Stage II, and the consolidated ESM list.
Impact
Medium
Severity
Medium
Justification
ESM changes affect a limited set of small/mid-cap securities under enhanced surveillance; trading restrictions (BE/ST group migration) imposed on specific stocks impact liquidity but are routine regulatory actions.
NSE announces securities being added to ESM Stage I and publishes consolidated list of all securities under Enhanced Surveillance Measure framework effective April 01, 2026.
Impact
High
Severity
High
Justification
Directly affects trading conditions for multiple listed securities; ESM placement restricts trading to trade-for-trade settlement and imposes price bands, significantly impacting liquidity and investor activity across 40+ stocks.
NSE circular announcing changes to Enhanced Surveillance Measure (ESM) framework effective March 25, 2026, including one security moving from Stage I to Stage II and consolidated list of 40+ securities under ESM.
Impact
High
Severity
High
Justification
ESM changes impose significant trading restrictions on affected securities; Stage II carries stricter trading curbs. Movement of VILINBIO to Stage II and a large consolidated list of 40+ securities directly impacts traders and investors in these stocks.
NSE circular notifying inclusion of BLB Limited (BLBLIMITED) under ESM Stage I effective February 25, 2026, with 100% margin requirement and shift from Rolling Settlement to Trade-for-Trade segment.
Impact
High
Severity
High
Justification
High impact on directly affected securities due to mandatory 100% margin, segment shift to Trade-for-Trade, and price band restrictions; medium importance as it applies to a limited set of securities under routine surveillance action.
BSE announces demat auction for Settlement No. 803 dated January 22, 2026, listing securities and quantities to be auctioned across 102 scrips.
Impact
Medium
Severity
Medium
Justification
Regular demat auction notice affecting multiple scrips with delivery shortfalls in Settlement 803. Important for brokers and participants 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.