BSE17 Aug 2026noticePrepared by Complied AI

Surveillance Measure for Securities under Insolvency and Bankruptcy Code

BSE notice 20260818-29 · 17 Aug 2026

Official title

Surveillance Measure for securities under IBC

Official record

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Summary

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What changed

BSE updates the list of securities under the Additional Surveillance Measure for companies undergoing the Insolvency Resolution Process. The exchange adds specific securities to the framework and removes others effective August 19, 2026. The exchange also provides a list of securities classified under the framework due to non-promoter holding falling below 25 percent. Market participants must note that this framework operates alongside other existing surveillance measures. The shortlisting of securities results from market surveillance and does not constitute adverse action. For securities removed from the framework, the exchange reinstates the previous price band unless other surveillance measures apply. Members may contact the exchange for clarifications.

Who is affected: Market participants and members of the exchange.
Required action: Members must note the updated list of securities under the surveillance framework.
Key dates: Effective date for inclusion and exclusion of securities. — 18 Aug 2026
Thresholds: Non-promoter holding of less than 25 percent.
Consequences: Securities moving out of the framework have their price bands reinstated to previous levels unless other surveillance measures apply.

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Source details

Source: BSE Ltd (Bombay Stock Exchange)
Type: notice
Published by source: 17 Aug 2026
Document number: 20260818-29
Issuing division: DOSS
Effective date: 18 Aug 2026
Coverage area: securities

Document text

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NOTICE

Notice No.	20260818-29
Notice Date	18 Aug 2026
Category	Trading
Segment	Equity
Department	DOSS
Subject	Surveillance Measure for securities under IBC
Attachments	ANNEXURE_IBC

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Content

With reference to the Exchange notice no. 20180608-34 dated June 08, 2018, Exchange notice no. 20220520-52 dated May 20, 2022, Exchange notice no. 20230210-55 dated February 10, 2023, Exchange notice no. 20250905-47 dated September 05, 2025 and Exchange notice no. 20260807-39 dated August 07, 2026 in respect of Additional Surveillance Measure for Companies relating to the Insolvency Resolution Process (IRP) as per Insolvency and Bankruptcy Code (IBC).

Members are hereby requested to note that the securities as per attached Annexure I have satisfied the criteria under Additional Surveillance Measure for Companies relating to the Insolvency Resolution Process (IRP) as per Insolvency and Bankruptcy Code (IBC) with effect from August 19, 2026.

Securities which are placed under the above-mentioned Framework would be reviewed on periodical basis. The list of securities which are moving out from IBC Framework, w.e.f. August 19, 2026 is given in Annexure II.

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

Further, the list of securities that are classified under IBC post recommencement due to Non-Promoter Holding (NPH) being less than 25% is provided in Annexure IV.

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.

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

For & On behalf of BSE Ltd.

Sanjay Jain	Arpita Joshi
Deputy Vice President	Manager
Surveillance	Surveillance

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