BSE updates the list of securities under surveillance framework for high promoter and non-promoter encumbrance, with two securities moving out and five securities in the consolidated list effective December 01, 2025.
Impact
Medium
Severity
Medium
Justification
Updates surveillance framework for companies with high encumbrance levels. Two companies removed from framework, five remain on consolidated list. Affects specific stocks but not broader market operations.
BSE announces addition of B. L. Kashyap and Sons Ltd to the framework for companies with high promoter and non-promoter encumbrance effective November 24, 2025.
Impact
Medium
Severity
Medium
Justification
Addition of one security to high encumbrance surveillance framework may impact trading and investor sentiment for affected company. Other five companies remain under existing surveillance.
BSE adds Sudal Industries Ltd to the surveillance framework for companies with high promoter and non-promoter encumbrance under SEBI SAST Regulation 28(3), effective November 21, 2025.
Impact
Medium
Severity
Medium
Justification
Affects trading in securities with high encumbrance levels. One new addition to surveillance framework. Investors in affected stocks should monitor closely due to elevated pledge risks.
BSE circular listing securities subject to surveillance measures due to high promoter and non-promoter encumbrance as per SEBI (SAST) Regulation 2011, Reg. 28(3), effective November 19, 2025.
Impact
High
Severity
High
Justification
High encumbrance levels pose significant risk to investors and market integrity. Securities subject to enhanced surveillance measures can face trading restrictions.
BSE circular regarding securities shortlisted under high promoter and non-promoter encumbrance measure framework effective November 19, 2025. One security added: Brahmaputra Infrastructure Ltd.
Impact
Medium
Severity
Medium
Justification
Surveillance measure affecting 3 securities total (1 new addition) with high promoter/non-promoter encumbrance, requiring enhanced monitoring but not trading restrictions
BSE announces measure for securities with high promoter and non-promoter encumbrance as per SEBI SAST Regulation 28(3), adding NR Agarwal Industries Ltd to the framework effective November 14, 2025.
Impact
Medium
Severity
Medium
Justification
Affects 2 securities under enhanced surveillance for high encumbrance levels, signaling potential governance risks but limited market-wide impact
BSE announces demat auction for settlement number 741 covering 156 scrips with specified quantities for delivery shortfall resolution.
Impact
Medium
Severity
Medium
Justification
Routine demat auction affecting 156 scrips with varying quantities. While operationally significant for participants with delivery shortfalls, it represents standard settlement mechanism rather than market-wide regulatory change.
BSE settlement notice for demat auction settlement number 741 dated October 24, 2025, listing securities and quantities for auction.
Impact
Medium
Severity
Medium
Justification
Routine settlement auction notice affecting multiple securities with varying quantities; impacts specific trading members with delivery obligations but is a standard market operation.
BSE Demat Auction listing for Settlement No. 737 dated October 17, 2025, covering securities and quantities for auction settlement.
Impact
Medium
Severity
Medium
Justification
Routine demat auction affecting multiple securities with specific settlement obligations; important for affected brokers and investors but part of regular market operations.