BSE notifies the List of securities moving into their respective Graded Surveillance Measure (GSM) Stages

LegalitySimplified

The Bombay Stock Exchange (BSE) has notified the list of securities moving into their respective Graded Surveillance Measure (GSM) Stages. This notice was issued on 6th March, 2023 and will be effective from 8th March, 2023.

Trading members are requested to note that the specified securities will be moved to their respective higher stages of GSM. They will also attract the prescribe surveillance actions as per the provisions of GSM Framework. This framework was published on 23rd February, 2017.

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.

Members are also requested to refer the FAQs for any further clarifications.

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