24 May 2024, 07:40 AM

Surveillance measure on scrips - May 2024

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 (T2T) segment from time to time.

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. Read more.

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 (IRP) 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).

For more details, check the support articles here (ESM, GSM, ASM).

Note: The shares held by you will not be visible on Kite on days other than Mondays but you can check them on Console.

Refer to the table below.

Scrip Surveillance stage Effective date
East Buildtech Ltd. GSM Stage 3 2024-05-03
CDG Petchem Limited GSM Stage 3 2024-05-06
Brawn Biotech Ltd. GSM Stage 3 2024-05-07
Bafna Pharmaceuticals Ltd IBC Stage 1 2024-05-08
Jd Orgochem Ltd. GSM Stage 3 2024-05-08
Digicontent Ltd. GSM Stage 3 2024-05-09
RCI Industries & Technologies Ltd IBC Stage 1 2024-05-10
Shree Manufacturing Co.Ltd. GSM Stage 3 2024-05-14
Sumeet Industries Ltd IBC Stage 1 2024-05-16
Linaks Microelectronics Ltd. GSM Stage 3 2024-05-16
Abc Gas (International) Ltd. GSM Stage 3 2024-05-18
Cistro Telelink Ltd. GSM Stage 3 2024-05-21
National Plywood Industries Ltd IBC Stage 1 2024-05-22
Starlite Components Ltd IBC Stage 1 2024-05-23
Silver Oak (India) Ltd. GSM Stage 3 2024-05-23
Rishab Special Yarns Ltd. GSM Stage 3 2024-05-24
Welterman International Ltd. GSM Stage 3 2024-05-24