28 Feb 2025, 12:00 AM
Take a look at the surveillance measures for Scrips by SEBI and the concerned exchanges for February 2025.
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 |
| Explicit Finance Ltd. | GSM Stage 3 | 2025-02-01 |
| Euro Asia Exports Ltd. | GSM Stage 3 | 2025-02-01 |
| Mid East Portfolio Management | GSM Stage 3 | 2025-02-04 |
| RCI Industries & Technologies Ltd | IBC Stage 1 | 2025-02-04 |
| Arshiya Ltd | IBC Stage 1 | 2025-02-05 |
| Hindusthan National Glass & Industries Ltd | IBC Stage 1 | 2025-02-05 |
| East India Drums and Barrels Manufacturing Ltd | IBC Stage 1 | 2025-02-11 |
| Reliance Communications Ltd | IBC Stage 1 | 2025-02-12 |
| Ujaas Energy Ltd* | IBC Stage 1 | 2025-02-12 |
| Galaxy Cloud Kitchens Limited | GSM Stage 3 | 2025-02-12 |
| Mahalaxmi Seamless Ltd. | GSM Stage 3 | 2025-02-12 |
| Sj Corporation Ltd. | GSM Stage 3 | 2025-02-13 |
| Kandagiri Spinning Mills Ltd. | GSM Stage 3 | 2025-02-13 |
| Vikalp Securities Ltd. | GSM Stage 3 | 2025-02-13 |
| Jyotirgamya Enterprises Limited | GSM Stage 3 | 2025-02-13 |
| Gujarat Lease Financing Ltd. | GSM Stage 3 | 2025-02-14 |
| Sunraj Diamond Exports Ltd. | GSM Stage 3 | 2025-02-14 |
| Panabyte Technologies Limited | GSM Stage 3 | 2025-02-17 |
| Capricorn Systems Global Solut | GSM Stage 3 | 2025-02-18 |
| Rajkamal Synthetics Ltd. | GSM Stage 3 | 2025-02-18 |
| Vas Infrastructure Ltd | IBC Stage 1 | 2025-02-19 |
| Swadha Nature Limited | GSM Stage 3 | 2025-02-19 |
| Polycon International Ltd. | GSM Stage 3 | 2025-02-19 |
| Premier Capital Services Ltd. | GSM Stage 3 | 2025-02-20 |
| Pioneer Agro Extracts Ltd. | GSM Stage 3 | 2025-02-20 |
| Coromandel Engineering Company | GSM Stage 3 | 2025-02-24 |
| Santosh Fine-Fab Ltd. | GSM Stage 3 | 2025-02-25 |
| Nutricircle Ltd | GSM Stage 3 | 2025-02-27 |
| Deccan Polypacks Ltd | GSM Stage 3 | 2025-02-27 |
| Shashank Traders Ltd | GSM Stage 3 | 2025-02-27 |
| Mathew Easow Research Securiti | GSM Stage 3 | 2025-02-28 |
| Mehta Securities Ltd. | GSM Stage 3 | 2025-02-28 |