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The National Stock Exchange removes Williamson Magor & Company Ltd. from the Graded Surveillance Measure framework. This action follows the completion of the price discovery process under the Special Pre-Open Session mechanism. The exchange moves the security out of the framework effective November 2, 2026. The exchange will consider the security for inclusion under applicable surveillance frameworks after this date. This decision applies to companies that undergo corporate restructuring or regulatory directions that require price discovery sessions.
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| Department: SURVEILLANCE | |
|---|---|
| Download Ref No: NSE/SURV/77219 | Date: October 30, 2026 |
| Circular Ref. No: 843/2026 | |
To All NSE Members
Sub: Exclusion of Williamson Magor & Company Ltd. (WILLAMAGOR) from GSM Framework
As per Exchange Circular no. NSE/SURV/76204 dated September 4, 2026, Williamson Magor & Company Ltd. (WILLAMAGOR) was retained under the Graded Surveillance Measure (GSM) framework.
Pursuant to joint meetings with SEBI and Stock Exchanges and decision taken w.r.t companies which are undergoing corporate restructuring / corporate actions or regulatory directions (e.g., suspension exceeding one year) whereby they are placed in Special Pre-Open Session (SPOS) for price discovery shall be moved out from the Surveillance Framework.
Upon completion of the price discovery process under the SPOS mechanism, the security shall be considered for inclusion under the applicable Surveillance framework(s), based on the prescribed eligibility criteria and timelines of the respective framework(s).
Accordingly, basis Exchange Circular no. NSE/CML/76935 dated October 15, 2026, the scrip Williamson Magor & Company Ltd. (WILLAMAGOR) shall be moved out of the GSM framework w.e.f. November 2, 2026.
In case of any further queries, you may write to us at surveillance@nse.co.in
For and behalf of
National Stock Exchange of India Limited
Amit Shinde
Chief Manager
Surveillance
