With reference to the Exchange notice no. 20180321-46 dated March 21, 2018, notice no. 20180322-14 dated March 22, 2018, notice no.20180511-26 dated May 11, 2018, notice no.20180720-54 dated 20 Jul 2018 and notice no. 20180817-39 dated 17 Aug 2018, 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) 5% Price Band shall be applicable w.e.f. August 23, 2018.
(b) 100% Margins shall be applicable w.e.f. August 29, 2018 on all open positions as on August 28, 2018 and new positions created from August 29, 2018 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. August 29, 2018 on all open positions as on August 28, 2018 and new positions created from August 29, 2018 onwards.
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. August 23, 2018 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 1717 /2272 5158.
For & On behalf of BSE Ltd.
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Yogendra Daxini
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Jeevan Noronha
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Asst. General Manager
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Senior Manager
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Surveillance
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Surveillance
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21 August 2018
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