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 |
| MT Educare Limited | IBC Stage 1 | 2024-09-02 |
| Rapid Investments Limited | GSM Stage 3 | 2024-09-02 |
| Restile Ceramics Limited | GSM Stage 3 | 2024-09-02 |
| Coral Newsprints Limited | GSM Stage 3 | 2024-09-02 |
| Silver Oak (India) Limited | GSM Stage 3 | 2024-09-02 |
| Gujarat Inject (Kerala) Limited | GSM Stage 3 | 2024-09-03 |
| Welterman International Limited | GSM Stage 3 | 2024-09-04 |
| Soma Papers & Industries Limited | GSM Stage 3 | 2024-09-05 |
| Pioneer Agro Extracts Limited | GSM Stage 3 | 2024-09-05 |
