This is with reference to the Exchange notice no. 20180321-46 dated March 21, 2018 and various notices issued thereafter in this regard and the Exchange notice no. 20181027-1 dated October 27, 2018, Exchange notice no. 20201204-56 dated December 04, 2020 and Exchange notice no. 20240809-46 dated August 09, 2024 regarding revision of ASM framework. As per the revised ASM framework, it may be noted that Additional Surveillance Measures (ASM) as mentioned below shall be imposed on securities as per attached Annexure I (part A):
100% Margins shall be applicable w.e.f. September 06, 2024 on all open positions as on September 05, 2024 and new positions created from September 06, 2024 onwards.
Securities which are placed under the above-mentioned Framework would be reviewed on periodical basis. Further, the list of securities which are moved to their respective higher stages ASM Framework, w.e.f. September 04, 2024 is given in Annexure I (Part B):
In addition, Lower Price Band shall be applicable w.e.f. September 04, 2024
Further, with reference to the Exchange notice no. 20210604-41 dated June 04, 2021, it may be noted that Additional Surveillance Measures (ASM) as mentioned below shall be imposed on securities as per attached Annexure I (part D):
Securities shall be continue in ASM framework but shall be transferred to T / XT / MT / TS Group w.e.f. September 06, 2024.
Securities which are placed under the above-mentioned Framework would be reviewed on periodical basis. Further, the list of securities which are moving out from ASM Framework, w.e.f. September 04, 2024 is given in Annexure II.
For ready reference, consolidated list of securities under the Framework is attached as Annexure III.
Market participants may note that above Framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.
Also, it may also be noted that the shortlisting of securities under aforesaid Framework is purely on account of market surveillance, and it should not be construed as an adverse action against the concerned company/entity.
Note: Shortlisting of securities is based on the XBRL submission by the respective listed companies.
In case of any clarifications, members may write to us at bse.surv@bseindia.com.
For & On behalf of BSE Ltd.
|
Jeevan Noronha
|
Saji Sunilkumar
|
|
Assistant General Manager
|
Assistant General Manager
|
|
Surveillance
|
Surveillance
|
September 3, 2024 |