This is with reference to the Exchange notice no. 20230602-44 dated June 02, 2023, in respect of Enhanced Surveillance Measures (ESM).
Members are hereby requested to note the following:
The securities as per attached Annexure I have satisfied the criteria for inclusion under aforesaid measure and shall attract minimum 100% margin w.e.f. July 04, 2023 on all open positions as on July 03, 2023 and new positions created from July 04, 2023.
A consolidated list of securities under the framework is given in Annexure III.
Securities qualifying under ESM shall be shifted from Rolling Settlement segment to Trade-for-Trade segment w.e.f. July 04, 2023.
Additionally, securities shifting to Stage II shall be under Trade for Trade with price band of 2% and Trading permitted once a week (Every Monday / 1st trading day of the week) with Periodic Call Auction w.e.f. July 03, 2023.
Market participants may note that ESM framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.
Further, it may also be noted that the shortlisting of securities under ESM is purely on account of market surveillance, and it should not be construed as an adverse action against the concerned company / entity.
In case of any clarifications, members may contact on following numbers 022 2272 5001/ 1717/5158.
For & On behalf of BSE Ltd.
Yogendra Daxini Sachin Lad
Deputy General Manager Assistant General Manager
Surveillance Surveillance
June 30, 2023
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