This has reference to the Exchange notice no. 20170223-44 dated February 23, 2017 introducing Graded Surveillance Measure (GSM) Framework. As per the provisions of the said framework, review of stages has been carried out in coordination with the other Exchanges. The securities eligible to move to lower stages of GSM Framework w.e.f. July 10, 2017 are given in Annexure.
Further, Additional Surveillance Deposit (ASD) collected w.r.t. securities part of GSM Framework shall be retained at least a period of 5 months and will be released as per the schedule given below:
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ASD Collected in the month of
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Will be Released on 2nd Monday( As per calendar )
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Apr-17
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Oct-17
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May-17
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Nov-17
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Jun-17
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Dec-17
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Jul-17
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Jan-18
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Aug-17
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Feb-18
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Sep-17
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Mar-18
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Oct-17
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Apr-18
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In case of any clarifications, members are requested to refer the FAQ as per the below link on GSM or contact 2272 8518/ 2272 8497/2272 5091.
http://www.bseindia.com/markets/equity/EQReports/graded_surveil_measure.aspx?expandable=6
Rishikesh Tamaskar Yogendra Daxini
Deputy General Manager Senior Manager
Surveillance Surveillance
July 07, 2017.
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