Complied AIComplied AI
NSE28 Jul 2026circularPrepared by Complied AI

Applicability of Additional Surveillance Measure

Official title

Applicability of Additional Surveillance Measure (ASM)

Official record

Open source page

AI-prepared change brief

Check the official record

What changed

The National Stock Exchange of India has identified specific securities that meet the criteria for inclusion under the Long-Term Additional Surveillance Measure (ASM). Effective August 3, 2026, these securities will be subject to a 100% margin requirement on all open positions as of July 31, 2026, and any new positions created thereafter. Furthermore, securities qualifying under criteria VII, which involves shifting to Stage IV, will be moved from the Rolling Settlement segment (Series: EQ) to the Trade-for-Trade segment (Series: BE) starting August 3, 2026. This measure is part of ongoing market surveillance and does not constitute an adverse action against the affected entities. Market participants must comply with these surveillance actions alongside other prevailing exchange measures.

Who is affected
  • All NSE members
Required action
  • Apply a 100% margin rate on all open positions as of July 31, 2026, and on new positions created from August 3, 2026.
  • Shift securities qualifying under criteria VII from Rolling Settlement segment (Series: EQ) to Trade-for-Trade segment (Series: BE).
Key dates
  • Effective date for margin requirements and segment shifts — 02 Aug 2026
  • Cut-off date for open positions subject to 100% margin — 30 Jul 2026

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

Source details

Source
National Stock Exchange of India
Type
circular
Published by source
28 Jul 2026
Document number
NSE/SURV/75446
Issuing division
SURVEILLANCE
Effective date
02 Aug 2026
Coverage area
securities

Document text

Prepared for reading; wording retained from the source.

Verify official record

National Stock Exchange of India Limited

Circular

Department: SURVEILLANCE
Download Ref No: NSE/SURV/75446Date: July 29, 2026
Circular Ref. No: 569/2026

To All NSE Members

Sub: Applicability of Additional Surveillance Measure (ASM)

This is with reference to Exchange Circular nos. NSE/SURV/39265, NSE/SURV/45111, NSE/SURV/46557, NSE/SURV/48506, NSE/SURV/52090, NSE/SURV/63362 and NSE/SURV/64066 dated October 27, 2018, July 22, 2020, December 04, 2020, June 04, 2021, April 22, 2022, August 09, 2024 and September 20, 2024 respectively in respect of Additional Surveillance Measure (ASM).

Members are hereby requested to note that the securities as per the attached Annexure have satisfied the criteria for inclusion under Long Term Additional Surveillance Measure. The applicable surveillance actions shall be as per provisions of the Long-Term Additional Surveillance Measure (Long Term - ASM) which are as under:

➢ Applicable rate of margin shall be 100% w.e.f. August 03, 2026 on all open positions as on July 31, 2026 and new positions created from August 03, 2026 onwards.

Additionally, securities qualifying under criteria VII (Scrips shifted to Stage IV) shall be shifted from Rolling Settlement segment (Series: EQ) to Trade-for-Trade segment (Series: BE) w.e.f. August 03, 2026.

Market participants may note that ASM framework shall be in conjunction with all other prevailing surveillance measures being imposed by the Exchanges from time to time.

Further, it may also be noted that the shortlisting of securities under ASM is purely on account of market surveillance, and it should not be construed as an adverse action against the concerned company / entity.

For more information on Additional Surveillance Measure please refer to our Frequently Asked Questions (FAQs) - https://www.nseindia.com/regulations/additional-surveillance-measure

In case of any further queries, you may write to us at surveillance@nse.co.in.

For National Stock Exchange of India Limited

Amit Shinde Chief Manager Surveillance

Research the source law

Find the provision behind this update.

No high-confidence provision match was found. Browse the law library, choose the affected provision and ask against the exact statutory text.

Browse source laws

Related NSE updates