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 |
MT Educare Limited | IBC Stage 1 | 2024-09-02 |
Rapid Investments Limited | GSM Stage 3 | 2024-09-02 |
Restile Ceramics Limited | GSM Stage 3 | 2024-09-02 |
Coral Newsprints Limited | GSM Stage 3 | 2024-09-02 |
Silver Oak (India) Limited | GSM Stage 3 | 2024-09-02 |
Gujarat Inject (Kerala) Limited | GSM Stage 3 | 2024-09-03 |
Welterman International Limited | GSM Stage 3 | 2024-09-04 |
Soma Papers & Industries Limited | GSM Stage 3 | 2024-09-05 |
Pioneer Agro Extracts Limited | GSM Stage 3 | 2024-09-05 |
Madhur Industries Limited | GSM Stage 3 | 2024-09-09 |
RCI Industries & Technologies Limited | GSM Stage 3 | 2024-09-10 |
Sical Logistics Limited | IBC Stage 1 | 2024-09-10 |
Visa Steel Limited | IBC Stage 1 | 2024-09-10 |
Perfect Infraengineers Limited | IBC Stage 1 | 2024-09-10 |
Shah Foods Limited | GSM Stage 3 | 2024-09-11 |
Premier Limited | IBC Stage 1 | 2024-09-11 |
G.K.Consultants Limited | GSM Stage 3 | 2024-09-12 |
Mehta Securities Ltd. | GSM Stage 3 | 2024-09-13 |
Fine-Line Circuits Ltd. | GSM Stage 3 | 2024-09-13 |
Magnus Retail Limited | GSM Stage 3 | 2024-09-13 |
Abate As Industries Limited | GSM Stage 3 | 2024-09-13 |
Raunaq Epc International Limited | GSM Stage 3 | 2024-09-13 |
Lakshmi Precision Screws Ltd* | IBC Stage 1 | 2024-09-16 |
Auto Pins (India) Ltd. | GSM Stage 3 | 2024-09-16 |
Tmt (India) Ltd. | GSM Stage 3 | 2024-09-16 |
Shantai Industries Limited | GSM Stage 3 | 2024-09-16 |
Indian Link Chain Manufacturers Ltd | GSM Stage 3 | 2024-09-18 |
Abhishek Infraventures Ltd | GSM Stage 3 | 2024-09-18 |