Notices
Notice No20200806-25Notice Date06 Aug 2020
CategoryTradingSegmentEquity
SubjectGraded Surveillance Measure (GSM) - List of securities moving into their respective GSM Stages
Content

With reference to the Exchange notice no. 20170223-44 dated February 23, 2017, Exchange notice no. 20170303-29 dated March 03, 2017, Exchange notice no. 20180720-55 dated July 20, 2018 and Exchange notice no. 20191129-23 dated November 29, 2019 trading members are hereby requested to note that the securities as per attached Annexure shall be moved to their respective higher stages of GSM with effect from August 07, 2020 and shall attract following surveillance actions as per the provisions of GSM Framework published on February 23, 2017.

 

Stage

Surveillance Actions

I

Applicable margin rate shall be 100% And price band of 5% or lower as applicable

II

Trade for trade with price band of 5% or lower as applicable and Additional Surveillance Deposit (ASD) of 50% of trade value to be deposited by the Buyers

III

Trade for trade with price band of 5% or lower as applicable and Trading permitted once a week (Every Monday/1st trading day of the week) And ASD (100% of trade value) to be deposited by the buyers

IV

Trade for trade with price band of 5% or lower as applicable and Trading permitted once a week (Every Monday/1st trading day of the week) And ASD (100% of trade value) to be deposited by the buyers with no upward movement.

 

Further, trading members are requested to take adequate precautions while trading in the said securities, as the settlement shall be done on trade-to-trade basis and no netting off shall be allowed.

 

In case of any clarifications, members are requested to refer the FAQ as per the below link on GSM or contact 2272 1717/ 2272 8497/2272 5091.

 

http://www.bseindia.com/markets/equity/EQReports/graded_surveil_measure.aspx?expandable=6

 

For & On behalf of BSE Ltd.

 

 

 

Yogendra Daxini

Saji Sunilkumar

Assistant General Manager

Manager

Surveillance

Surveillance

 

 

August 6, 2020

Attachments
Annexure.xls