BSE27 Jul 2026noticePrepared by Complied AI

Applicability of Long Term Additional Surveillance Measure

Official title

Applicability of Long Term Additional Surveillance Measure (LT-ASM)

Official record

AI-prepared change brief

What changed

BSE has updated the list of securities subject to the Long Term Additional Surveillance Measure (LT-ASM) framework. Effective July 31, 2026, a 100% margin requirement applies to all open positions as of July 30, 2026, and all new positions created thereafter for specified securities. Additionally, certain securities will be transferred to T, XT, MT, or TS groups effective July 31, 2026. Other securities are subject to higher LT-ASM stages or lower price bands effective July 29, 2026. Conversely, specific securities will exit the LT-ASM framework effective July 29, 2026, with their price bands reinstated to previous levels, provided no other surveillance measures apply. These measures are part of ongoing market surveillance and do not constitute adverse actions against the entities.

Who is affected: Market participants trading in securities listed under the LT-ASM framework.
Required action: Maintain 100% margins for specified securities on open positions as of July 30, 2026, and new positions from July 31, 2026.
Key dates: Effective date for higher LT-ASM stages, lower price bands, and exit from framework. — 28 Jul 2026
Effective date for 100% margin requirements and group transfers. — 30 Jul 2026
Consequences: Securities may be moved to T, XT, MT, or TS groups or subjected to lower price bands.

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Source details

Source: BSE Ltd (Bombay Stock Exchange)
Type: notice
Published by source: 27 Jul 2026
Document number: 20260728-37
Issuing division: DOSS
Effective date: 28 Jul 2026
Coverage area: securities

Document text

Prepared for reading; wording retained from the source.

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NOTICE


Notice No.	20260728-37
Notice Date	28 Jul 2026
Category	Trading
Segment	Equity
Department	DOSS
Subject	Applicability of Long Term Additional Surveillance Measure (LT-ASM)
Attachments	ANNEXURE_ASMLT

Content

This is with reference to the Exchange notice no. 20180321-46 dated March 21, 2018 and various notices issued thereafter in this regard and the Exchange notice no. 20181027-1 dated October 27, 2018, Exchange notice no. 20201204-56 dated December 04, 2020, Exchange notice no. 20240809-46 dated August 09, 2024 and Exchange notice no. 20240920-63 dated September 20, 2024 regarding revision of LT-ASM framework. As per the revised LT-ASM framework, it may be noted that Long Term Additional Surveillance Measures (LT-ASM) as mentioned below shall be imposed on securities as per attached Annexure I (part A):

100% Margins shall be applicable w.e.f. July 31, 2026 on all open positions as on July 30, 2026 and new positions created from July 31, 2026 onwards.

Securities which are placed under the above-mentioned Framework would be reviewed on periodical basis. Further, the list of securities which are moved to their respective higher stages LT-ASM Framework, w.e.f. July 29, 2026 is given in Annexure I (Part B):

In addition, Lower Price Band shall be applicable w.e.f. July 29, 2026

Further, with reference to the Exchange notice no. 20210604-41 dated June 04, 2021, it may be noted that Long Term Additional Surveillance Measures (LT-ASM) as mentioned below shall be imposed on securities as per attached Annexure I (part D):

Securities shall be continue in LT-ASM framework but shall be transferred to T / XT / MT / TS Group w.e.f. July 31, 2026.

Securities which are placed under the above-mentioned Framework would be reviewed on periodical basis. Further, the list of securities which are moving out from LT-ASM Framework, w.e.f. July 29, 2026 is given in Annexure II.

For ready reference, consolidated list of securities under the Framework is attached as Annexure III.

Market participants may note that above Framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.

Also, it may also be noted that the shortlisting of securities under aforesaid Framework is purely on account of market surveillance, and it should not be construed as an adverse action against the concerned company/entity.

The Price Band of a scrip moving out of the framework shall be reinstated to the Price Band applicable to that scrip before it got shortlisted under the respective framework. This will be subject to the scrip not being shortlisted or part of any other Surveillance measure, in which case, the price band of the relevant surveillance framework will prevail.

Note: Shortlisting of securities is based on the XBRL submission by the respective listed companies.

In case of any clarifications, members may write to us at bse.surv@bseindia.com.

For & On behalf of BSE Ltd.

Sanjay Jain Deputy Vice President Surveillance

Arpita Joshi Manager Surveillance

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