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NOTICES
Notice No.   20211125-52   Notice Date   25 Nov 2021
Category   Trading   Segment   Equity
Subject   Applicability of Additional Surveillance Measure
Attachments   Annexure.xls ;
Content

 

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 and Exchange notice no. 20201204-56 dated December 04, 2020 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):

 

(a)  100% Margins shall be applicable w.e.f. November 30, 2021 on all open positions as on November 29, 2021 and new positions created from  November 30, 2021  onwards.

 

Further, with reference to the Exchange notice no. 20180608-34 dated June 08, 2018, it may be noted that Additional Surveillance Measures (ASM) for Companies relating to the Insolvency Resolution Process (IRP) as per Insolvency and Bankruptcy Code (IBC) as mentioned below shall be imposed on securities as per attached Annexure I (part B):

 

(a)  100% Margins shall be applicable w.e.f. December 02, 2021 on all open positions as on December 01, 2021 and new positions created from December 02, 2021 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. November 26, 2021 is given in Annexure I (Part C):

 

(a)  In addition, Lower Price Band shall be applicable w.e.f. November 26, 2021

 

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 E):

 

(a)  Securities shall be continue in ASM framework but shall be transferred to T / XT Group w.e.f. November 30, 2021.

 

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. November 26, 2021  is given in Annexure II (Part A).

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.

 

In case of any clarifications, members are requested to contact 2272 5001/ 2272 5158 /2272 1717.

 

For & On behalf of BSE Ltd.

  Yogendra Daxini

                        Saji Sunilkumar

  Asst. Gen. Manager

                        Senior Manager

  Surveillance

                        Surveillance

 

 

        

 

November 25, 2021