NSE has issued Circular No. 354/2026 (Download Ref: NSE/SURV/74197) dated May 13, 2026, notifying the inclusion of Homesfy Realty Limited (Symbol: HOMESFY, ISIN: INE0N7F01017) under the Long-Term Additional Surveillance Measure (Long Term-ASM) Stage-I framework effective May 14, 2026. A 100% margin requirement will apply from May 18, 2026 on all open positions as of May 15, 2026, and on all new positions created thereafter.

Key Points

• Homesfy Realty Limited (HOMESFY, ISIN: INE0N7F01017) is being added to Long-Term ASM Stage-I effective May 14, 2026
• 100% margin rate is applicable from May 18, 2026 on all open positions as on May 15, 2026 and new positions created from May 18, 2026 onwards
• No securities are being moved to Stage-II, Stage-III, or Stage-IV in this circular
• No securities qualify under Criteria VII (Stage IV shift), so no securities are being moved from Rolling Settlement (EQ) to Trade-for-Trade (BE) series
• ASM framework operates in conjunction with all other prevailing surveillance measures
• Shortlisting under ASM is purely for market surveillance purposes and should not be construed as adverse action against the company

Regulatory Changes

This circular is issued with reference to prior NSE circulars on ASM: NSE/SURV/39265 (Oct 27, 2018), NSE/SURV/45111 (Jul 22, 2020), NSE/SURV/46557 (Dec 4, 2020), NSE/SURV/48506 (Jun 4, 2021), NSE/SURV/52090 (Apr 22, 2022), NSE/SURV/63362 (Aug 9, 2024), and NSE/SURV/64066 (Sep 20, 2024). The current circular adds one security to Long-Term ASM Stage-I under the established framework.

Compliance Requirements

• NSE members must ensure 100% margin is collected on all open positions in HOMESFY as on May 15, 2026
• 100% margin must be collected on all new positions in HOMESFY created from May 18, 2026 onwards
• Members should communicate applicable restrictions to their clients holding or intending to take positions in HOMESFY
• Members may refer to FAQs on ASM at https://www.nseindia.com/regulations/additional-surveillance-measure for further guidance
• Queries may be directed to surveillance@nse.co.in

Important Dates

• May 13, 2026: Circular issuance date
• May 14, 2026: Effective date of ASM Stage-I inclusion for HOMESFY
• May 15, 2026: Reference date for existing open positions subject to 100% margin
• May 18, 2026: Date from which 100% margin requirement becomes applicable on open positions (as of May 15) and all new positions

Impact Assessment

The inclusion of Homesfy Realty Limited (HOMESFY) under Long-Term ASM Stage-I significantly increases the cost of trading in this security. The mandatory 100% margin requirement will reduce leverage available to traders and investors, potentially leading to reduced liquidity and higher trading costs. Existing position holders as of May 15, 2026 will need to ensure sufficient margin is available by May 18, 2026 or risk forced liquidation. The absence of any Stage-IV additions means no securities are being shifted to Trade-for-Trade settlement in this circular, limiting the impact to the margin increase for HOMESFY only.