BSE notice 20260911-41 · 11 Sept 2026
Official title
Graded Surveillance Measure (GSM) - Lower Revision of Stages
Official record
Open source pageSummary
Check the official recordBSE Limited revises the Graded Surveillance Measure (GSM) stages for specific securities. The exchange performs this review in coordination with other exchanges. The revision moves eligible securities to lower stages of the GSM framework. This change takes effect on September 15, 2026. The exchange provides the list of affected securities in the annexure of 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 refer to the provided FAQ link.
What you must do
Key dates
[Image omitted. See the official document.]
| Notice No. | 20260911-41 | Notice Date | 11 Sep 2026 |
|---|---|---|---|
| Category | Trading | Segment | Equity |
| Department | DOSS | ||
| Subject | Graded Surveillance Measure (GSM) - Lower Revision of Stages | ||
| Attachments | Annexure_GSM_Lower |
[Image omitted. See the official document.]
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. September 15, 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 | Arpita Joshi |
|---|---|
| Deputy Vice President | Manager |
| Surveillance | Surveillance |
11 September 2026
Who is affected