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 adds DCI and SETCO to ESM Stage I effective April 08-09, 2026, requiring 100% margin and shift to Trade-for-Trade settlement. No exclusions this cycle.
Impact
High
Severity
High
Justification
Directly affects trading conditions for specific securities — mandates 100% margin and forces settlement segment change from EQ/SM to BE/ST, significantly restricting trading flexibility for affected stocks.
List of securities and quantities scheduled for demat auction under settlement number 772 dated December 9, 2025.
Impact
Medium
Severity
Medium
Justification
Routine demat auction for delivery shortfalls affecting multiple securities. Important for affected scrips and their holders but limited broader market impact.
List of scrips and quantities scheduled for demat auction under BSE settlement number 745 dated October 30, 2025.
Impact
Medium
Severity
Medium
Justification
Demat auction indicates delivery failures requiring compulsory auction settlement. Affects 104 scrips with varying quantities. Medium importance as this is a routine settlement mechanism for delivery defaults, impacting specific trades rather than broader market operations.