19 Dec 2024, 12:00 AM

Introduction of Surveillance Measures For Scrips – December 2024

Take a look at the surveillance measures for Scrips by SEBI and the concerned exchanges for December 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
Neelkanth Ltd GSM Stage 3 2024-12-03
Scan Projects Ltd. GSM Stage 3 2024-12-05
Lakshmi Precision Screws Ltd IBC Stage 1 2024-12-09
Polo Hotels Ltd IBC Stage 1 2024-12-09
Ironwood Education Limited GSM Stage 3 2024-12-09
Le Lavoir Limited GSM Stage 3 2024-12-09
Universal Office Automation Ltd GSM Stage 3 2024-12-10
Compuage Infocom Ltd IBC Stage 1 2024-12-10
Goenka Diamond & Jewels Ltd IBC Stage 1 2024-12-10
Jaiprakash Associates Ltd IBC Stage 1 2024-12-10
Ortel Communications Ltd IBC Stage 1 2024-12-10
Reliance Communications Ltd IBC Stage 1 2024-12-10
East India Drums and Barrels Manufacturing Ltd IBC Stage 1 2024-12-11
RR MetalMakers India Ltd IBC Stage 1 2024-12-11
SR Industries Ltd IBC Stage 1 2024-12-11
Yaari Digital Integrated Services Ltd GSM Stage 3 2024-12-12
Ansal Properties & Infrastructure Ltd IBC Stage 1 2024-12-12
Ujaas Energy Ltd IBC Stage 1 2024-12-12
Abate As Industries Ltd GSM Stage 3 2024-12-13
Emami Realty Ltd GSM Stage 3 2024-12-13
SRM Energy Ltd GSM Stage 3 2024-12-13
Adline Chem Lab Ltd GSM Stage 3 2024-12-16
Fine Line Circuits Ltd GSM Stage 3 2024-12-16
Mathew Easow Research Securities Ltd GSM Stage 3 2024-12-16
Women Networks Ltd GSM Stage 3

2024-12-17

Minolta Finance Ltd GSM Stage 3

2024-12-17

Ambassador Intra Holdings Ltd GSM Stage 3

2024-12-17

Yashraj Containeurs Ltd IBC Stage 1

2024-12-17

Silveroak Commercials Ltd IBC Stage 1

2024-12-19

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