The Bombay Stock Exchange (BSE) on June 10, 2023, issued a notification regarding the enhanced Surveillance Measure (ESM)
The following has been state namely: -
• This has a reference to the Exchange notice no. 20230602-44 dated June 02, 2023, in respect of Enhanced Surveillance Measures (ESM)
• The Members are hereby requested to note the following namely: -
• The securities mentioned in Annexure I will be transferred to Trade for Trade settlement with a price band of 5% OR 2% (In case the scrip is already in the 2% band) and the applicable margin shall be 100% w.e.f. June 13, 2023.
• The Market participants may note that the above Framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.
• it may also be noted that the shortlisting of securities under the aforesaid Framework is purely on account of market surveillance, and it should not be construed as an adverse action against the concerned company/entity.
[Notification No. 20230609-60]
