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.
250,000 equity shares of Power & Instrumentation (Gujarat) Limited listed on BSE with effect from January 21, 2026, issued on preferential basis pursuant to warrant conversion.
Impact
Low
Severity
Low
Justification
Routine listing of preferentially allotted shares post warrant conversion for a single company with limited market-wide impact
Listing of 250,000 equity shares of Power & Instrumentation (Gujarat) Limited issued on preferential basis pursuant to conversion of warrants, effective January 21, 2026.
Impact
Low
Severity
Low
Justification
Routine listing of preferential allotment shares with lock-in provisions for a single company; limited market-wide impact.
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.
NSE updates Enhanced Surveillance Measure framework with new securities in Stage I, stage transitions, and consolidated ESM list effective September 9, 2025.
Impact
Medium
Severity
Medium
Justification
Affects multiple securities with enhanced surveillance measures and trading restrictions
2,90,000 equity shares of Power & Instrumentation (Gujarat) Limited listed on BSE from September 8, 2025, issued on preferential basis pursuant to conversion of warrants.
Impact
Low
Severity
Low
Justification
Routine listing of preferential shares for a single company with modest issuance size and standard lock-in provisions