The Bombay Stock Exchange (BSE) on September 20, 2024, issued a notification regarding the extension of Surveillance Measures on Public Sector Undertaking (PSU) companies.
The following has been stated: -
• The Securities and Exchange Board of India (SEBI) and Exchanges to enhance market integrity and safeguard the interest of investors, have been introducing various enhanced pre-emptive surveillance measures from time to time.
•The relevant Exchange notices issued to date regarding the above-mentioned extant surveillance measures/frameworks are summarized below.
•As per the Joint Surveillance Meeting of Exchanges and SEBI held on September 20, 2024, the mentioned extant surveillance measures/frameworks were reviewed and it was decided to extend them to Public Sector Undertaking (PSU) companies.
•Further, all other provisions of the mentioned Exchange Notices shall remain unchanged.
•The amended framework shall be applicable from September 23, 2024, and the list of PSU/other scrips shortlisted (if any) as per the amended framework shall be published separately.
The detailed notification is given in the document below.
[Notice No. 20240920-63]
