Graded Surveillance Measure Lower Revision of Stages
BSE notice 20260508-33 · 08 May 2026
Official title
Graded Surveillance Measure (GSM) - Lower Revision of Stages
Official record
Open source pageSummary
Check the official recordWhat changed
BSE revises the Graded Surveillance Measure (GSM) stages for specific securities. This action follows a review of the GSM framework in coordination with other exchanges. The exchange moves eligible securities to lower stages of the framework. This change takes effect on May 11, 2026. The exchange provides the list of affected securities in the annexure to the notice. Market participants must consult the annexure to identify the securities subject to this revision. Members may contact the exchange surveillance department for clarifications or review the frequently asked questions on the official website.
What you must do
- Review the annexure to identify securities moving to lower GSM stages.
Key dates
- Effective from
- 11 May 2026
- Effective date for lower stage revision
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260508-33 |
|---|---|
| Notice Date | 08 May 2026 |
| Category | Trading |
| Segment | Equity |
| Department | DOSS |
| Subject | Graded Surveillance Measure (GSM) - Lower Revision of Stages |
| Attachments | Annexure_GSM_LOWER |
This has reference to the Exchange notice no. 20170223-44 dated February 23, 2017 introducing Graded Surveillance Measure (GSM) Framework and Exchange notice no. 20191129-23 dated November 29, 2019 regarding update on Graded Surveillance Measure. As per the provisions of the said framework, review of stages has been carried out in coordination with the other Exchanges. The securities eligible to move to lower stages of GSM Framework w.e.f. May 11, 2026 are given in Annexure.
In case of any clarifications, members are requested to refer the FAQ as per the below link on GSM or write to us at bse.surv@bseindia.com
http://www.bseindia.com/markets/equity/EQReports/graded_surveil_measure.aspx?expandable=6
For & On behalf of BSE Ltd.
Sanjay Jain Deputy Vice President Surveillance
Arpita Joshi Manager Surveillance
08 May 2026
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 08 May 2026
- Document number
- 20260508-33
- Issuing division
- DOSS
- Effective date
- 11 May 2026
- Coverage area
- securities