Surveillance measure in respect of companies with high promoter pledge
BSE notice 20260902-39 · 02 Sept 2026
Official record
Open source pageSummary
Check the official recordWhat changed
BSE updates the list of securities under the surveillance framework for companies with high promoter pledge. Securities in Annexure I attract a minimum 35 percent margin in the Equity and Equity Derivatives segments. This requirement applies to all open positions as of September 4, 2026, and all new positions created from September 7, 2026. Securities in Annexure II exit the framework on September 3, 2026. This measure operates alongside other existing surveillance measures. Companies may submit representations regarding their inclusion in the framework to the Exchange by 5:00 PM on September 3, 2026. The Exchange performs periodic reviews of these measures. Inclusion in this list does not constitute an adverse action against the company.
What you must do
- Trading members must apply a minimum 35 percent margin on specified securities
- Companies must submit representations regarding framework placement by 5:00 PM on September 3, 2026
Key dates
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260902-39 |
| Notice Date | 02 Sep 2026 |
| Category | Trading |
| Segment | Equity |
| Department | DOSS |
| Subject | Surveillance measure in respect of companies with high promoter pledge |
| Attachments | Annexure_High_Promoter_Pledge |
[Image omitted. See the official document.]
Content
This is in continuation to Exchange notice no. 20191024-30 dated October 24, 2019 and 20200417-31 dated April 17, 2020, on the captioned subject.
Trading Members are hereby requested to take note of the following:
- The securities as given in Annexure I, have satisfied the criteria for inclusion under the aforesaid Surveillance Measure and shall attract minimum 35 % margin in Equity and Equity Derivatives segment w.e.f. September 07, 2026 on all open positions as on September 04, 2026 and new positions created from September 07, 2026.
- The Securities as given in Annexure II, are eligible to move out from the said framework effective from September 03, 2026.
- A consolidated list of securities under the framework is given in Annexure III.
Market participants may note that this surveillance measure shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time and shall be subjected to a periodic review.
Further, it may also be noted that the shortlisting of securities under this surveillance measure is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company / entity.
Any Company representation w.r.t being placed in the aforementioned framework should be received by Exchange latest by 5.00 PM on September 03, 2026, for its consideration.
In case of any clarifications, members are requested to refer the below links or write to us at bse.surv@bseindia.com.
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20191024-30
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200417-31
For & On behalf of BSE Ltd.
| Sanjay Jain | Shreya Ghose |
| Deputy Vice President | Manager |
| Surveillance | Surveillance |
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 02 Sept 2026
- Document number
- 20260902-39
- Issuing division
- DOSS
- Coverage area
- securities