NSE circular adding BILVYAPAR and MORARJEE to ASM Stage I under the Insolvency and Bankruptcy Code (IBC) framework, effective April 15, 2026. No securities are being excluded or upgraded.
Impact
High
Severity
High
Justification
Two specific listed securities are being placed under ASM IBC Stage I, directly affecting their trading conditions including price bands from April 15, 2026.
NSE identifies 15 companies non-compliant with Regulation 76 (Reconciliation of Share Capital Audit Report) for two consecutive quarters (Sep-Dec 2025), confirming their continued trading in Z Category from April 6, 2026.
Impact
High
Severity
High
Justification
Affects 15 listed companies confirmed to remain in Z Category (trade-for-trade settlement), impacting liquidity and investor confidence. Effective date of April 6, 2026 creates near-term trading implications.
NSE announces the list of securities subject to the Reversal Trade Cancellation Mechanism (RTCM) for April 2026, covering 300+ stocks under enhanced surveillance.
Impact
High
Severity
High
Justification
RTCM is an NSE surveillance measure that directly cancels reversal trades in listed securities. Inclusion in this list significantly restricts trading patterns for 300+ stocks in the cash market segment for April 2026, with immediate and direct impact on trading activity and liquidity for affected securities.
NSE identifies 18 companies non-compliant with Regulation 31 (Shareholding Pattern submission) for two consecutive quarters (Sep 2025 and Dec 2025). Their securities continue trading in Z Category from March 27, 2026, on Trade for Trade basis.
Impact
High
Severity
High
Justification
Affects 18 listed companies including notable names like Gensol Engineering, Reliance Home Finance, Future Enterprises, and HDIL. Continued Z-category trading with Trade for Trade settlement significantly restricts liquidity and investor participation, making this high importance for holders of these securities.
NSE announces ASM applicability under IBC effective February 27, 2026, adding Eastern Silk Industries Limited (EASTSILK) to Stage I. Consolidated list includes 7 securities in Stage I and multiple securities under corporate announcement receipt category.
Impact
High
Severity
High
Justification
ASM under IBC imposes trading restrictions on multiple securities linked to insolvent companies; new addition of EASTSILK to Stage I and a consolidated list of 17+ affected securities directly impacts investor trading across these counters effective February 27, 2026.
NSE releases the updated list of 300+ securities subject to the Reversal Trade Cancellation Mechanism (RTCM) for March 2026, a surveillance measure to cancel trades that are reversed within a short timeframe.
Impact
Medium
Severity
Medium
Justification
Affects 300+ securities listed on NSE; RTCM is an active surveillance tool that can result in trade cancellations for reversal patterns, directly impacting traders and brokers dealing in these stocks. High importance due to the large number of securities covered; medium impact as it targets a specific trading behaviour rather than broad market restrictions.
NSE updates on securities moving in and out of Additional Surveillance Measure framework under Insolvency and Bankruptcy Code, effective February 01, 2026.
Impact
Medium
Severity
Medium
Justification
Surveillance measure update affecting five securities moving out of ASM IBC framework, with no new securities being added. Price bands will be reinstated for excluded securities.
BSE updates surveillance measures for securities under Insolvency and Bankruptcy Code (IBC), including companies moving between stages and exclusions from ASM framework.
Impact
High
Severity
High
Justification
High impact circular affecting trading in multiple securities undergoing insolvency proceedings, with one security entering Stage 1 ASM and ten securities moving to Stage 0, directly impacting investor positions and trading restrictions
BSE updates Additional Surveillance Measure for companies under Insolvency and Bankruptcy Code, with String Metaverse Ltd added to Stage 1 and 10 securities moving to Stage 0 effective February 01, 2026.
Impact
High
Severity
High
Justification
High impact surveillance measure affecting multiple securities under insolvency proceedings with direct trading implications for investors
NSE announces list of 323 securities subject to Reversal Trade Mechanism (RTCM) effective February 2026.
Impact
Medium
Severity
Medium
Justification
RTCM is a surveillance measure affecting 323 securities with enhanced monitoring and potential trading reversals to manage market risk and protect investors from abnormal price movements.