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Notices
Notice No20180320-16Notice Date20 Mar 2018
CategoryTradingSegmentEquity
SubjectS+ Framework - List of securities moving in to their respective Stages
Content

With reference to the Exchange notice no. 20170607 - 24 dated June 07, 2017  trading members are hereby requested to note that the securities as per attached Annexure shall be moved to their respective Stages of S+ Framework with effect from March 21, 2018. 

As per the provisions of S+ Framework published on June 07, 2017: 

 

Stage

Surveillance Action

Group

0

·         Imposition of Weekly and Monthly price bands in addition to existing daily, Quarterly and Yearly price bands.

·         Imposition of very high transaction charges i.e.  1% of transaction value shall be applicable to both buyer and seller.

“SS” or “ST”

I

·         All existing actions including imposed under Stage 0.

·          Shifting to Trade to trade settlement mode.

“ST”

II

·           All existing actions including imposed under Stage I.

·           Additional Surveillance Deposit of 200 % of Buy value applicable on buyer.

·           ASD shall be released in the fourth month from the collection month i.e. minimum retention period of 3 months.

“ST”

 

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

Trading Members should note that the transfer of scrips for trading and settlement on a trade-to-trade basis is purely on account of market surveillance measure and it should not be construed as an adverse action against the company. Further, this is a temporary measure and will be reviewed periodically depending on the market conditions.

In case any clarification required, please contact 022 2272 5175 / 5091/ 8497.

 

For & On behalf of BSE Ltd

 

 

 

 

 

Rishikesh Tamaskar                                                 Yogendra Daxini

Deputy General Manager                                            Senior Manager

Surveillance                                                               Surveillance

 

 

March 20, 2018

 

Attachments
Annexure .xls