Surveillance Measure for Securities under Insolvency and Bankruptcy Code
BSE notice 20260623-25 · 23 Jun 2026
Official title
Surveillance Measure for securities under IBC
Official record
Open source pageSummary
Check the official recordWhat changed
BSE applies Additional Surveillance Measure to specific securities. These securities relate to companies under the Insolvency Resolution Process. The measure takes effect on June 24, 2026. BSE also removes certain securities from this framework on the same date. Market participants must note that this framework works with other existing surveillance measures. The selection of securities for this framework is a market surveillance action. It is not an adverse action against the company. BSE reviews the securities under this framework on a periodic basis. The price band for securities that leave the framework returns to the previous applicable level. This applies if no other surveillance measure affects the scrip.
What you must do
- Market participants must note the inclusion and exclusion of securities under the surveillance framework.
Key dates
- Effective from
- 24 Jun 2026
Document text
NOTICE
| Notice No. | 20260623-25 |
|---|---|
| Notice Date | 23 Jun 2026 |
| Category | Trading |
| Segment | Equity |
| Department | DOSS |
| Subject | Surveillance Measure for securities under IBC |
| Attachments | ANNEXURES_IBC |
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 and Exchange notice no. 20250905-47 dated September 05, 2025 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 June 24, 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 IBC Framework, w.e.f. June 24, 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.
In case of any clarifications, members may write to us at bse.surv@bseindia.com
For & On behalf of BSE Ltd.
Sanjay Jain
Arpita Ghose
Deputy Vice President
Manager
Surveillance
Surveillance
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 23 Jun 2026
- Document number
- 20260623-25
- Issuing division
- DOSS
- Effective date
- 24 Jun 2026
- Coverage area
- securities