29 Nov 2024, 12:00 AM
Take a look at the surveillance measures for Scrips by SEBI and the concerned exchanges for November 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 |
| Carnation Industries Ltd. | GSM Stage 3 | 2024-11-01 |
| Coffee Day Enterprises Ltd | IBC Stage 1 | 2024-11-05 |
| MEP Infrastructure Developers Ltd | IBC Stage 1 | 2024-11-05 |
| Seya Industries Ltd | IBC Stage 1 | 2024-11-05 |
| High Street Filatex Ltd. | GSM Stage 3 | 2024-11-05 |
| South Asian Enterprises Ltd | GSM Stage 3 | 2024-11-06 |
| Omkar Speciality Chemicals Ltd | IBC Stage 1 | 2024-11-06 |
| Starlit Power Systems Ltd | IBC Stage 1 | 2024-11-06 |
| Alps Industries Ltd | IBC Stage 1 | 2024-11-07 |
| Future Supply Chain Solutions Ltd | IBC Stage 1 | 2024-11-07 |
| Pan Electronics India Ltd | GSM Stage 3 | 2024-11-07 |
| SGN Telecoms Ltd | GSM Stage 3 | 2024-11-07 |
| Futuristic Securities Ltd | GSM Stage 3 | 2024-11-08 |
| Gravity India Ltd | GSM Stage 3 | 2024-11-08 |
| Dalal Street Investments Ltd. | GSM Stage 3 | 2024-11-11 |
| Williamson Financial Services | GSM Stage 3 | 2024-11-12 |
| Mayur Floorings Ltd. | GSM Stage 3 | 2024-11-12 |
| Bio Green Papers Ltd | IBC Stage 1 | 2024-11-12 |
| Premier Ltd | IBC Stage 1 | 2024-11-12 |
| Tiaan Consumer Ltd | IBC Stage 1 | 2024-11-12 |
| Chambal Breweries & Distilleries Ltd | GSM Stage 3 | 2024-11-13 |
| Gujarat Inject Kerala Ltd | GSM Stage 3 | 2024-11-13 |
| Simplex Mills Company Ltd | GSM Stage 3 | 2024-11-13 |
| Coromandel Engineering Company Ltd | GSM Stage 3 | 2024-11-13 |
| City Online Services Ltd | GSM Stage 3 | 2024-11-13 |
| GR CABLES LTD | IBC Stage 1 | 2024-11-13 |
| Shah Foods Ltd. | GSM Stage 3 | 2024-11-14 |
| Polycon International Ltd. | GSM Stage 3 | 2024-11-14 |
| Purohit Construction Limited | GSM Stage 3 | 2024-11-14 |
| Kotia Enterprises Limited | GSM Stage 3 | 2024-11-14 |
| MT Educare Ltd | IBC Stage 1 | 2024-11-18 |
| Vikas WSP Ltd | IBC Stage 1 | 2024-11-18 |
| Cityman Ltd. | GSM Stage 3 | 2024-11-18 |
| Ashoka Refineries Ltd. | GSM Stage 3 | 2024-11-18 |
| Gayatri Highways Ltd | GSM Stage 3 | 2024-11-18 |
| Visa Steel Ltd | IBC Stage 1 | 2024-11-19 |
| Santosh Fine Fab Ltd | GSM Stage 3 | 2024-11-19 |
| Avishkar Infra Realty Ltd | GSM Stage 3 | 2024-11-21 |
| Deccan Polypacks Ltd | GSM Stage 3 | 2024-11-21 |
| Thirdwave Financial Intermediaries Ltd | GSM Stage 3 | 2024-11-22 |
| Kuberan Global Edu Solutions Ltd | GSM Stage 3 | 2024-11-22 |
| Uniworth Ltd. | GSM Stage 3 | 2024-11-25 |
| Tmt (India) Ltd. | GSM Stage 3 | 2024-11-25 |
| Karan Woo-Sin Ltd. | GSM Stage 3 | 2024-11-25 |
| Auto Pins (India) Ltd. | GSM Stage 3 | 2024-11-25 |
| Neueon Towers Ltd | GSM Stage 3 | 2024-11-26 |
| Ganesh Holdings ltd. | GSM Stage 3 |
2024-11-27 |
| India Radiators Ltd. | GSM Stage 3 |
2024-11-27 |
| Sashwat Technocrats Limited | GSM Stage 3 |
2024-11-27 |
| Source Industries (India) Ltd. | GSM Stage 3 |
2024-11-27 |
| Omkar Pharmachem Ltd. | GSM Stage 3 |
2024-11-27 |
| Hckk Ventures Limited | GSM Stage 3 |
2024-11-27 |