Notices
Notice No20241001-39Notice Date01 Oct 2024
CategoryTradingSegmentEquity
SubjectEnhanced Surveillance Measure (ESM)
Content

This is with reference to the Exchange notice no. 20230602-44 dated June 02, 2023, notice no.20230718-46 dated July 18, 2023, notice no. 20240809-42 dated August 09, 2024, and notice no. 20240920-63 dated September 20,2024 in respect of Enhanced Surveillance Measures (ESM).

 

Members are hereby requested to note the following:

 

The securities as per attached Annexure I have satisfied the criteria for inclusion under aforesaid measure and shall attract minimum 100% margin w.e.f. October 04, 2024 on all open positions as on October 03, 2024 and new positions created from October 04, 2024

List of securities which shall continue in Enhanced Surveillance Measure (ESM) framework but shall be moved to lower Stage i.e. Stage I under ESM Framework w.e.f. October 03, 2024 included in Annexure I.

A consolidated list of securities under the framework is given in Annexure III.

Securities qualifying under ESM shall be shifted from Rolling Settlement segment to Trade-for-Trade segment w.e.f. October 04, 2024.

Additionally, securities shifting to Stage II shall be under Trade for Trade with price band of 2% and with Periodic Call Auction w.e.f. October 03, 2024.

Securities which are placed under the above-mentioned Framework would be reviewed on periodical basis. The list of securities which are moving out from ESM Framework, w.e.f. October 03, 2024 is given in Annexure II.

Market participants may note that ESM framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.

Further, it may also be noted that the shortlisting of securities under ESM 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 may write to us at bse.surv@bseindia.com

For & On behalf of BSE Ltd.

 

 

Jeevan Noronha

 

Saji Sunilkumar

Assistant General Manager

 

Assistant General Manager

Surveillance

 

Surveillance

 

 

 

 

 

October 1, 2024

Attachments
Annexure_ESM.xls