BSE announces movement of 8 securities across different stages of the Graded Surveillance Measure (GSM) framework, with one security moving out and seven moving into GSM stages.
Impact
Medium
Severity
Medium
Justification
Affects 8 securities with varying levels of surveillance restrictions; GSM framework impacts trading conditions and investor participation but changes are routine surveillance actions
BSE announces 16 securities moving to higher stages of Graded Surveillance Measure (GSM) framework, with securities moving to Stage II, III, and IV.
Impact
High
Severity
High
Justification
Securities moving to higher GSM stages face stricter surveillance measures and trading restrictions, significantly impacting liquidity and investor access. Stage IV represents the highest level of surveillance.
BSE circular detailing 16 securities moving into higher GSM stages (Stage II, III, and IV) under the Graded Surveillance Measure framework effective October 14, 2025.
Impact
High
Severity
High
Justification
Movement to higher GSM stages significantly impacts trading conditions with increased restrictions, additional surveillance deposit requirements, and enhanced reporting obligations for affected securities.
BSE announces downward revision of GSM stages for 56 securities, indicating improved compliance and reduced surveillance requirements.
Impact
Medium
Severity
Low
Justification
Lower GSM stage revision is positive for affected companies as it indicates improved compliance and reduces trading restrictions. Impacts 56 securities across multiple groups with varying stage reductions.
BSE announces movement of securities into different GSM stages, with Shakti Press Ltd moving to Stage I and International Data Management moving to Stage IV.
Impact
Medium
Severity
Medium
Justification
GSM placement affects trading conditions and investor participation for specific securities