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 | 2024-08-01 |
| Bombay Talkies Limited | GSM Stage 3 | 2024-08-01 |
| Seya Industries Limited | IBC Stage 1 | 2024-08-02 |
| Rajasthan Petro Synthetics Limited | GSM Stage 3 | 2024-08-05 |
| Karan Woo-Sin Limited | GSM Stage 3 | 2024-08-05 |
| Shri Niwas Leasing And Finance Limited | GSM Stage 3> | 2024-08-05 |
| MEP Infrastructure Developers Limited | IBC Stage 1 | 2024-08-06 |
| Deccan Bearings Limited | GSM Stage 3 | 2024-08-06 |
| Haria Exports Limited | GSM Stage 3 | 2024-08-06 |
| Source Industries (India) Limited | GSM Stage 3 | 2024-08-06 |
| Shantai Industries Limited | GSM Stage 3 | 2024-08-07 |
| Ace Edutrend Limited | GSM Stage 3 | 2024-08-07 |
| Monind Limited | GSM Stage 3 | 2024-08-08 |
| Mather & Platt Fire Systems Limited | GSM Stage 3 | 2024-08-08 |
| Jaiprakash Associates Ltd | IBC Stage 1 | 2024-08-08 |
| Ankit Metal & Power Limited | IBC Stage 1 | 2024-08-09 |
| Compuage Infocom Limited | IBC Stage 1 | 2024-08-09 |
| Neueon Towers Limited | IBC Stage 1 | 2024-08-09 |
| Ujaas Energy Limited | IBC Stage 1 | 2024-08-09 |
| Raunaq Epc International Limited | GSM Stage 3 | 2024-08-09 |
| Silveroak Commercials Limited | IBC Stage 1 | 2024-08-12 |
| Rahul Merchandising Limited | GSM Stage 3 | 2024-08-13 |
| Avishkar Infra Realty Limited | GSM Stage 3 | 2024-08-14 |
| Omega Interactive Technologies | GSM Stage 3 | 2024-08-14 |
| Iykot Hitech Toolroom Limited | GSM Stage 3 | 2024-08-14 |
| Saffron Industries Limited | GSM Stage 3 | 2024-08-14 |
| RRP Semiconductor Limited | GSM Stage 3 | 2024-08-16 |
| Dugar Housing Developments Limited | GSM Stage 3 | 2024-08-21 |
| Invigorated Business Consulting Limited | GSM Stage 3 | 2024-08-21 |
| Kkalpana Plastick Limited | GSM Stage 3 | 2024-08-21 |
| Mudunuru Limited | GSM Stage 3 | 2024-08-21 |
| Mac Hotels Limited | GSM Stage 3 | 2024-08-21 |
| East Buildtech Limited | GSM Stage 3 | 2024-08-22 |
| Linaks Microelectronics Limited | GSM Stage 3 | 2024-08-22 |
| Ambitious Plastomac Company Limited | GSM Stage 3 | 2024-08-22 |
| Reliance Communications Limited | IBC Stage 1 | 2024-08-23 |
| Rajath Finance Limited | GSM Stage 3 | 2024-08-26 |
| Arshiya Limited | IBC Stage 1 | 2024-08-26 |
| Housing Development and Infrastructure Limited | IBC Stage 1 | 2024-08-26 |
| Ortel Communications Limited | IBC Stage 1 | 2024-08-26 |
| Rolta India Limited | IBC Stage 1 | 2024-08-26 |
| Morarjee Textiles Limited | IBC Stage 1 | 2024-08-27 |
| Artson Engineering Limited | GSM Stage 3 | 2024-08-27 |
| SR Industries Limited | IBC Stage 1 | 2024-08-28 |
| Advance Petrochemicals Limited | GSM Stage 3 | 2024-08-29 |
| Capricorn Systems Global Solutions Limited | GSM Stage 3 | 2024-08-29 |
| Parle Industries Limited | GSM Stage 3 | 2024-08-29 |
| Senthil Infotek Limited | GSM Stage 3 | 2024-08-30 |
To know more about the revised measures in detail, you can click here to refer to the circular.
