30 Sep 2024, 12:00 AM
Take a look at the surveillance measures for Scrips by SEBI and the concerned exchanges for September 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:
| 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 |
| Maitri Enterprises Limited | GSM Stage 3 | 2024-09-19 |
| International Data Management | GSM Stage 3 | 2024-09-19 |
| Onesource Ideas Venture Limited | GSM Stage 3 | 2024-09-19 |
| Citizen Infoline Ltd. | GSM Stage 3 | 2024-09-19 |
| Bangalore Fort Farms Limited | GSM Stage 3 | 2024-09-19 |
| Blue Coast Hotels Ltd.* | GSM Stage 3 | 2024-09-19 |
| Progrex Ventures Ltd | GSM Stage 3 | 2024-09-20 |
| Manraj Housing Finance Ltd. | GSM Stage 3 | 2024-09-23 |
| Jyotirgamya Enterprises Limited | GSM Stage 3 | 2024-09-23 |
| Meyer Apparel Ltd | GSM Stage 3 | 2024-09-24 |
| Ansal Properties & Infrastructure Ltd | IBC Stage 1 | 2024-09-24 |
| Hindusthan National Glass & Industries Ltd | IBC Stage 1 | 2024-09-24 |
| Rajasthan Petro Synthetics Ltd | GSM Stage 3 | 2024-09-25 |
| Goenka Diamond & Jewels Ltd | IBC Stage 1 | 2024-09-25 |
| Tiaan Consumer Ltd | IBC Stage 1 | 2024-09-25 |
| BJ Duplex Boards Ltd | GSM Stage 3 | 2024-09-26 |
| Sejal Glass Ltd | IBC Stage 1 | 2024-09-26 |
| Sashwat Technocrats Limited | GSM Stage 3 | 2024-09-27 |
| Mardia Samyoung Capillary Tube | GSM Stage 3 | 2024-09-27 |
| Kashyap Tele-Medicines Limited | GSM Stage 3 | 2024-09-27 |
| Rotographics (India) Limited | GSM Stage 3 | 2024-09-27 |
| Ambassador Intra Holdings Limited | GSM Stage 3 | 2024-09-27 |
| Agio Paper & Industries Ltd. | GSM Stage 3 | 2024-09-30 |
| Nutricircle Limited | GSM Stage 3 | 2024-09-30 |
| Women Networks Ltd. | GSM Stage 3 | 2024-09-30 |
| Hckk Ventures Limited | GSM Stage 3 | 2024-09-30 |
