BSE updates Additional Surveillance Measure for companies under Insolvency and Bankruptcy Code (IBC), with 12 securities moving to Stage 0 and 1 security being excluded from ASM effective December 01, 2025.
Impact
Medium
Severity
Medium
Justification
Affects 13 securities with changes in surveillance classification under IBC framework, impacting trading conditions for companies in insolvency proceedings
NSE circular regarding securities placed under Additional Surveillance Measure (ASM) framework for companies under Insolvency and Bankruptcy Code (IBC), effective November 25, 2025.
Impact
Medium
Severity
Medium
Justification
Affects specific securities under IBC proceedings with surveillance measures. BIL VYAPAR LIMITED newly added to ASM-IBC framework. Other securities remain in consolidated list under Stage I.
NSE updates the list of securities under Additional Surveillance Measure (ASM) for companies under Insolvency and Bankruptcy Code (IBC), adding Swan Defence and Heavy Industries Limited to Stage I effective November 12, 2025.
Impact
High
Severity
High
Justification
Addition to ASM under IBC significantly impacts trading conditions with stricter surveillance measures, affecting liquidity and investor sentiment for the affected security
NSE updates the list of securities under Additional Surveillance Measure (ASM) for companies undergoing Insolvency and Bankruptcy Code (IBC) proceedings, effective November 03, 2025.
Impact
Medium
Severity
Medium
Justification
Affects trading conditions for multiple securities under IBC proceedings through ASM framework, impacting liquidity and trading parameters for affected stocks.
BSE demat auction for settlement number 744 listing securities for auction across multiple scrips due to shortages in delivery obligations.
Impact
Medium
Severity
Medium
Justification
Demat auctions are routine settlement mechanisms for delivery shortages affecting multiple stocks. Medium impact as it involves significant quantities across major stocks including HDFC Bank, Reliance, Infosys, and others.
NSE circular announcing changes to Additional Surveillance Measure (ASM) for companies under Insolvency and Bankruptcy Code (IBC), with one security being excluded from ASM effective October 29, 2025.
Impact
Low
Severity
Medium
Justification
Routine surveillance update with minimal changes - only one security (FSC) being excluded from ASM-IBC framework, no new securities added to surveillance.
NSE updates list of securities under Additional Surveillance Measure (ASM) for companies under Insolvency and Bankruptcy Code, adding Goenka Diamond and Jewels Limited to Stage I effective October 27, 2025.
Impact
High
Severity
High
Justification
High importance due to addition of securities to IBC surveillance framework which imposes significant trading restrictions. High impact on affected securities and their investors due to enhanced monitoring and potential trading limitations under insolvency proceedings.
NSE circular listing 324 securities subject to Reversal Trade Cancellation Mechanism (RTCM) for November 2025, a surveillance measure to prevent price manipulation.
Impact
High
Severity
Medium
Justification
RTCM is a critical surveillance mechanism affecting 324 securities, enabling NSE to cancel erroneous or manipulative trades. High impact on trading operations and investor protection, though routine monthly update.
BSE announces demat auction for settlement number 737 covering securities across 98 scrips where delivery obligations were not met.
Impact
Medium
Severity
Medium
Justification
Routine auction process affecting 98 scrips due to delivery failures in settlement 737, with quantities ranging from 1 to 74,441 shares across various securities.