NSE announces listing of additional equity shares for Mason Infratech Limited (1,408,000 shares from warrant conversion) and Richa Info Systems Limited (3,174,220 shares from preferential issue) on SME EMERGE platform effective December 23, 2025.
Impact
Low
Severity
Low
Justification
Routine listing of further issues for two SME companies on EMERGE platform with lock-in periods. Limited broader market impact as these are preferential allotments with standard compliance procedures.
Trading in equity shares of Richa Industries Limited (Scrip Code-532766) suspended effective November 04, 2025, following NCLT Chandigarh's order for liquidation proceedings.
Impact
High
Severity
High
Justification
Complete trading suspension due to court-ordered liquidation proceedings represents severe action with total impact on stock tradability and shareholder liquidity.
NSE circular regarding securities being included in or moving within the Enhanced Surveillance Measure framework, effective November 3-4, 2025.
Impact
High
Severity
High
Justification
Securities moving to ESM Stage-I will attract 100% margin and shift to Trade-for-Trade segment, significantly impacting trading and liquidity for affected stocks.
NSE announces inclusion of 3 securities in Short-Term ASM Framework Stage-I and exclusion of 7 securities from ASM Framework, effective November 3, 2025.
Impact
Medium
Severity
Medium
Justification
Affects 10 securities with trading restrictions being imposed or lifted, impacting investors and traders in these specific stocks
NSE circular announcing securities subject to Short-Term Additional Surveillance Measure (ST-ASM) framework effective October 31, 2025, including one new addition and two exclusions.
Impact
Medium
Severity
Medium
Justification
Affects trading conditions for 29 securities under ASM framework with one new addition (UTSSAV) to Stage I and two exclusions (BANCOINDIA, V2RETAIL). Medium impact as it applies enhanced surveillance measures to specific securities.
NSE circular detailing securities added to and excluded from the Short-Term Additional Surveillance Measure (ST-ASM) framework effective October 29, 2025.
Impact
Medium
Severity
Medium
Justification
Affects trading conditions for specific securities under surveillance framework. Limited to 3 new entries in Stage-I and 4 exclusions, impacting liquidity and trading costs for these stocks.
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.