Notices
Notice No20230118-27Notice Date18 Jan 2023
CategoryTradingSegmentEquity
SubjectApplicability of Additional Surveillance Measure
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. January 23, 2023 on all open positions as on January 20, 2023 and new positions created from  January 23, 2023  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. January 19, 2023 is given in Annexure I (Part B):

 

(a)  In addition, Lower Price Band shall be applicable w.e.f. January 19, 2023

 

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):

 

(a)  Securities shall be continue in ASM framework but shall be transferred to T / XT Group w.e.f. January 23, 2023.

 

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. January 19, 2023  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.

 

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        

Deputy General Manager                                                                          Senior Manager

Surveillance                                                                                             Surveillance

 

 

    January 18, 2023

Attachments
Annexure.xls