As a part of an ongoing effort to improve overall market reliability and secure the holdings of investors, SEBI and the concerned exchanges have launched a new spree of surveillance measures. This has come in the wake of a joint discussion between SEBI and the exchanges undertaken to review the existing framework of measures.
Some of the general measures include the following:
- Enhanced Surveillance Measure (ESM) Stage II: Scrips will be moved to the Trade to Trade segment with a price band of 2%. Trading will be allowed on all trading days under Periodic Call Auction.
- Graded Surveillance Measure (GSM) Stage III: Scrips will also be allowed for trading only once a week (either a Monday or the first trading day of the week) and the buyer needs to deposit an Additional Service Deposit of 100% of the trade value.
- Additional Surveillance Measure (ASM): Scrips will also go through an Insolvency Resolution Process as per the Insolvency and Bankruptcy Code. These scrips too will be allowed for trading only once a week (either a Monday or the first trading day of the week)
Check out the list of scrips that fall under the above categories.
|
Scrip |
Surveillance stage |
Effective date |
|
Gayatri Projects Limited |
IBC Stage 1 |
01-08-2024 |
|
Bombay Talkies Limited |
GSM Stage 3 |
01-08-2024 |
|
Seya Industries Limited |
IBC Stage 1 |
02-08-2024 |
|
Rajasthan Petro Synthetics Limited |
GSM Stage 3 |
05-08-2024 |
|
Karan Woo-Sin Limited |
GSM Stage 3 |
05-08-2024 |
|
Shri Niwas Leasing And Finance Limited |
GSM Stage 3 |
05-08-2024 |
|
MEP Infrastructure Developers Limited |
IBC Stage 1 |
06-08-2024 |
|
Deccan Bearings Limited |
GSM Stage 3 |
06-08-2024 |
|
Haria Exports Limited |
GSM Stage 3 |
06-08-2024 |
|
Source Industries (India) Limited |
GSM Stage 3 |
06-08-2024 |
|
Shantai Industries Limited |
GSM Stage 3 |
07-08-2024 |
|
Ace Edutrend Limited |
GSM Stage 3 |
07-08-2024 |
|
Monind Limited |
GSM Stage 3 |
08-08-2024 |
|
Mather & Platt Fire Systems Limited |
GSM Stage 3 |
08-08-2024 |
|
Jaiprakash Associates Ltd |
IBC Stage 1 |
08-08-2024 |
|
Ankit Metal & Power Limited |
IBC Stage 1 |
09-08-2024 |
|
Compuage Infocom Limited |
IBC Stage 1 |
09-08-2024 |
|
Neueon Towers Limited |
IBC Stage 1 |
09-08-2024 |
|
Ujaas Energy Limited |
IBC Stage 1 |
09-08-2024 |
|
Raunaq Epc International Limited |
GSM Stage 3 |
09-08-2024 |
|
Silveroak Commercials Limited |
IBC Stage 1 |
12-08-2024 |
|
Rahul Merchandising Limited |
GSM Stage 3 |
13-08-2024 |
|
Avishkar Infra Realty Limited |
GSM Stage 3 |
14-08-2024 |
|
Omega Interactive Technologies |
GSM Stage 3 |
14-08-2024 |
|
Iykot Hitech Toolroom Limited |
GSM Stage 3 |
14-08-2024 |
|
Saffron Industries Limited |
GSM Stage 3 |
14-08-2024 |
Introduction of Surveillance Measures For Scrips – August 2024
To know more about the revised measures in detail, you can click here to refer to the circular.
