Clarification regarding Graded Surveillance Measure for securities listed in the BSE

LegalitySimplified

Bombay Stock Exchange vide notice dated 21 August 2023 has issued clarification regarding Graded Surveillance Measure (GSM) for securities listed in the exchange.

Trading members are requested to note that the securities shall be moved to their respective higher stages of GSM with effect from August 22, 2023 and shall attract following surveillance actions as per the provisions of GSM Framework published on February 23, 2017.

Further, trading members are requested to take adequate precautions while trading in the 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 contact 2272 1717/ 2272 8497/2272 5091.

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