Notice No20181005-34Notice Date05 Oct 2018
SubjectGraded Surveillance Measure (GSM) – Lower Revision of Stages


This has reference to the Exchange notice no. 20170223-44 dated February 23, 2017 introducing Graded Surveillance Measure (GSM) Framework. As per the provisions of the said framework, review of stages has been carried out in coordination with the other Exchanges.  The securities eligible to move to lower stages of GSM Framework w.e.f. October 8, 2018 are given in Annexure.


In case of any clarifications, members are requested to refer the FAQ as per the below link on GSM or contact 2272 1717/ 2272 5001/2272 5091.






Yogendra Daxini                                                                       Jeevan Noronha

Assistant General Manager                                              Senior Manager

Surveillance                                                                 Surveillance



October 5, 2018