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NOTICES
Notice No.   20241111-52   Notice Date   11 Nov 2024
Category   Trading   Segment   Equity
Subject   Graded Surveillance Measure (GSM) - List of securities moving into their respective GSM Stages
Attachments   Annexure_GSM.xls ;
Content

With reference to the Exchange notice no. 20170223-44 dated February 23, 2017, Exchange notice no. 20170303-29 dated March 03, 2017, Exchange notice no. 20180720-55 dated July 20, 2018, Exchange notice no. 20191129-23 dated November 29, 2019 and Exchange notice no. 20231117-63 dated November 17, 2023 trading members are hereby requested to note that the securities as per attached Annexure shall be moved to their respective higher stages of GSM with effect from November 12, 2024 and shall attract following surveillance actions as per the provisions of GSM Framework published on February 23, 2017.

 

Stage

Surveillance Actions

I

Applicable margin rate shall be 100% And price band of 5% or lower as applicable

II

Trade for trade with price band of 5% or lower as applicable and Additional Surveillance Deposit (ASD) of 50% of trade value to be deposited by the Buyers

III

Trade for trade with price band of 5% or lower as applicable and Trading permitted once a week (Every Monday/1st trading day of the week) And ASD (100% of trade value) to be deposited by the buyers

IV

Trade for trade with price band of 5% or lower as applicable and Trading permitted once a week (Every Monday/1st trading day of the week) And ASD (100% of trade value) to be deposited by the buyers with no upward movement.

 

Further, trading members are requested to take adequate precautions while trading in the said securities, as the settlement shall be done on trade-to-trade basis and no netting off shall be allowed.

 

In case of any clarifications, members are requested to refer the FAQ as per the below link on GSM or may write to us at bse.surv@bseindia.com.

 

http://www.bseindia.com/markets/equity/EQReports/graded_surveil_measure.aspx?expandable=6

 

For & On behalf of BSE Ltd.

 

Saji Sunilkumar

 

Jeevan Noronha

Assistant General Manager

 

Assistant General Manager

Surveillance

 

Surveillance

 

 

 

 

November 11, 2024