21 Nov 2024, 12:00 AM

Introduction of Surveillance Measures For Scrips – November 2024

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
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