30 Oct 2025, 12:00 AM

Introduction of Surveillance Measures For Scrips – October 2025

Take a look at the surveillance measures for Scrips by SEBI and the concerned exchanges for October 2025.

In order to enhance market integrity and safeguard the interest of investors, SEBI and exchanges, have introduced various surveillance measures, such as reduction in price bands, periodic call auctions, and moving securities to the Trade to Trade segment from time to time. Some of the measures are as follows:

- Enhanced Surveillance Measure (ESM) Stage II: Scrips will be under Trade to Trade category with a price band of 2%, and the trading will be permitted on all trading days under Periodic Call Auction.

- Graded Surveillance Measure (GSM) Stage III: Scrips will be permitted for trading only once a week (Every Monday or the 1st trading day of the week) and an Additional Surveillance Deposit (ASD) of 100% of the trade value to be deposited by the buyer.

- Additional surveillance measure (ASM): Scrips will be undergoing an Insolvency Resolution Process as per the Insolvency and Bankruptcy Code (IBC) and the stock will trade only once a week (Every Monday or the 1st trading day of the week).

Below is the list of scrips that fall under the above categories:

Scrip Surveillance stage Effective date
Manraj Housing Finance Ltd. GSM Stage 3 2025-10-01
Charms Industries Ltd. GSM Stage 3 2025-10-01
Simplex Mills Company Ltd. GSM Stage 3 2025-10-01
Rajkamal Synthetics Ltd GSM Stage 3 2025-10-07
Bijoy Hans Ltd GSM Stage 3 2025-10-07
Aviva Industries Ltd. GSM Stage 3 2025-10-08
Eastern Silk Industries Ltd* IBC Stage 1 2025-10-10
Indosolar Ltd* IBC Stage 1 2025-10-10
Jaiprakash Associates Ltd* IBC Stage 1 2025-10-10
Ujaas Energy Ltd* IBC Stage 1 2025-10-10
Maxgrow India Ltd GSM Stage 3 2025-10-13
Axis Solutions Ltd GSM Stage 3 2025-10-13
Oscar Global Ltd GSM Stage 3 2025-10-14
Carnation Industries Ltd IBC Stage 1 2025-10-15
Aar Shyam India Investment Company Ltd GSM Stage 3 2025-10-15
Ace Engitech Ltd GSM Stage 3 2025-10-16
Digjam Ltd* GSM Stage 3 2025-10-16
Omkar Pharmachem Ltd GSM Stage 3 2025-10-17
Kiran Print Pack Ltd GSM Stage 3 2025-10-20
Silveroak Commercials Ltd GSM Stage 3 2025-10-21
Ganesh Holdings Ltd GSM Stage 3 2025-10-24
Photon Capital Advisors Ltd GSM Stage 3 2025-10-24
Avasara Finance Ltd GSM Stage 3 2025-10-24
Paos Industries Ltd GSM Stage 3 2025-10-24
Steelco Gujarat Ltd IBC Stage 1 2025-10-24
String Metaverse Ltd IBC Stage 1 2025-10-24
Vas Infrastructure Ltd IBC Stage 1 2025-10-24
Goenka Diamond & Jewels Ltd IBC Stage 1

2025-10-27

Mayur Floorings Ltd. GSM Stage 3

2025-10-27

Darjeeling Ropeway Company Limited GSM Stage 3

2025-10-27

Relic Technologies Ltd GSM Stage 3

2025-10-28

Kobo Biotech Ltd IBC Stage 1

2025-10-30

Rkd Agri And Retail Limited GSM Stage 3

2025-10-30 

Revati Media Limited GSM Stage 3

2025-10-30 

Gujarat Lease Financing Ltd* GSM Stage 3 2025-10-30 
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