21 Nov 2024, 12:00 AM
Take a look at the surveillance measures for Scrips by SEBI and the concerned exchanges for November 2024.
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:
below.
Scrip | Surveillance stage | Effective date |
Carnation Industries Ltd. | GSM Stage 3 | 2024-11-01 |
Coffee Day Enterprises Ltd | IBC Stage 1 | 2024-11-05 |
MEP Infrastructure Developers Ltd | IBC Stage 1 | 2024-11-05 |
Seya Industries Ltd* | IBC Stage 1 | 2024-11-05 |
High Street Filatex Ltd. | GSM Stage 3 | 2024-11-05 |
South Asian Enterprises Ltd | GSM Stage 3 | 2024-11-06 |
Omkar Speciality Chemicals Ltd | IBC Stage 1 | 2024-11-06 |
Starlit Power Systems Ltd | IBC Stage 1 | 2024-11-06 |
Alps Industries Ltd | IBC Stage 1 | 2024-11-07 |
Future Supply Chain Solutions Ltd | IBC Stage 1 | 2024-11-07 |
Pan Electronics India Ltd | GSM Stage 3 | 2024-11-07 |
SGN Telecoms Ltd | GSM Stage 3 | 2024-11-07 |
Futuristic Securities Ltd | GSM Stage 3 | 2024-11-08 |
Gravity India Ltd | GSM Stage 3 | 2024-11-08 |
Dalal Street Investments Ltd. | GSM Stage 3 | 2024-11-11 |
Williamson Financial Services | GSM Stage 3 | 2024-11-12 |
Mayur Floorings Ltd. | GSM Stage 3 | 2024-11-12 |
Bio Green Papers Ltd | IBC Stage 1 | 2024-11-12 |
Premier Ltd | IBC Stage 1 | 2024-11-12 |
Tiaan Consumer Ltd | IBC Stage 1 | 2024-11-12 |
Chambal Breweries & Distilleries Ltd | GSM Stage 3 | 2024-11-13 |
Gujarat Inject Kerala Ltd | GSM Stage 3 | 2024-11-13 |
Simplex Mills Company Ltd | GSM Stage 3 | 2024-11-13 |
Coromandel Engineering Company Ltd | GSM Stage 3 | 2024-11-13 |
City Online Services Ltd | GSM Stage 3 | 2024-11-13 |
GR CABLES LTD | IBC Stage 1 | 2024-11-13 |
Shah Foods Ltd. | GSM Stage 3 | 2024-11-14 |
Polycon International Ltd. | GSM Stage 3 | 2024-11-14 |
Purohit Construction Limited | GSM Stage 3 | 2024-11-14 |
Kotia Enterprises Limited | GSM Stage 3 | 2024-11-14 |
MT Educare Ltd | IBC Stage 1 | 2024-11-18 |
Vikas WSP Ltd | IBC Stage 1 | 2024-11-18 |
Cityman Ltd. | GSM Stage 3 | 2024-11-18 |
Ashoka Refineries Ltd. | GSM Stage 3 | 2024-11-18 |
Gayatri Highways Ltd | GSM Stage 3 | 2024-11-18 |
Visa Steel Ltd | IBC Stage 1 | 2024-11-19 |
Santosh Fine Fab Ltd | GSM Stage 3 | 2024-11-19 |
Avishkar Infra Realty Ltd | GSM Stage 3 | 2024-11-21 |
Deccan Polypacks Ltd | GSM Stage 3 | 2024-11-21 |