Notices
Notice No20230511-37Notice Date11 May 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. May 16, 2023 on all open positions as on May 15, 2023 and new positions created from May 16, 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. May 12, 2023 is given in Annexure I (Part B):

 

     b)  In addition, Lower Price Band shall be applicable w.e.f. May 12, 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):

 

c)  Securities shall be continue in ASM framework but shall be transferred to T / XT Group w.e.f. May 16, 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. May 12, 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.

 

Saji Sunilkumar

         Krunal Bhingardive

Senior Manager

         Manager

Surveillance

         Surveillance

 

May 11, 2023

 

Attachments
ANNEXURE.xls