Graded Surveillance Measure (GSM) - List of securities moving in to their respective GSM Stages

capital market | Mumbai | January 12, 2018 22:38 IST

NA

With reference to the Exchange notice no. 20170223-44 dated February 23, 2017 and Exchange notice no. 20170303-29 dated March 03, 2017, trading members are hereby requested to note that the securities as per attached Annexure shall be moved to their respective higher stages of GSM with effect from January 15, 2018 and shall attract following surveillance actions as per the provisions of GSM Framework published on February 23, 2017.

 

Stage

Surveillance Actions

I

Transfer to trade for trade with price band of 5% or lower as applicable

II

Trade for trade with price band of 5% or lower as applicable and  Additional Surveillance Deposit (ASD) of 100% of trade value to be collected from Buyer

III

Trading permitted once a week trading and ASD 100% of trade value to be deposited by the buyers (Every Monday)

IV

Trading permitted once a week trading with ASD 200% of trade value to be deposited by the buyers (Every Monday)

V

Trading permitted once a month trading with ASD 200% of trade value to be deposited by the buyers (First Monday of the month)

VI

Trading permitted once a month with no upward movement in price of the security with ASD 200% of trade value to be deposited by the buyers (First Monday of the month)

 

Further, trading members are requested to take adequate precautions while trading in the said securities, as the settlement shall be done on trade-to-trade basis and no netting off shall be allowed.

 

In case of any clarifications, members are requested to refer the FAQ as per the below link on GSM or contact 2272 1717/ 2272 8497/2272 5091.

 

https://www.bseindia.com/markets/equity/EQReports/graded_surveil_measure.aspx?expandable=6

 

For & On behalf of BSE Ltd.

 

 

 

 

 

Rishikesh Tamaskar                                                                  Yogendra Daxini          

Deputy General Manager                                                  Senior Manager

Surveillance                                                                   Surveillance

 

January 12, 2018.

 

Attachments
Annexure.xls
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.