NSE06 Aug 2026circularPrepared by Complied AI

Graded Surveillance Measure Periodic Relaxation of Surveillance Action

Official title

Graded Surveillance Measure (GSM) - Periodic relaxation of Surveillance action

Official record

AI-prepared change brief

What changed

The National Stock Exchange of India has conducted a periodic review of securities currently under the Graded Surveillance Measure (GSM) framework in coordination with other exchanges. Based on this assessment, specific securities have been identified as eligible for movement to lower stages of the GSM framework. This relaxation of surveillance actions will take effect from August 10, 2026. The list of affected securities is provided in the annexure to the circular. Trading members are advised to refer to the exchange's official website for further details on the GSM framework and FAQs.

Who is affected: NSE Members
Required action: Members may refer to the provided FAQ link for more information on the Graded Surveillance Measure.
Key dates: Effective date for movement to lower stages of GSM — 09 Aug 2026

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Source details

Source: National Stock Exchange of India
Type: circular
Published by source: 06 Aug 2026
Document number: 606/2026
Issuing division: SURVEILLANCE
Effective date: 09 Aug 2026
Coverage area: securities

Document text

Prepared for reading; wording retained from the source.

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National Stock Exchange of India

Circular

Department: SURVEILLANCE
Download Ref No: NSE/SURV/75645	Date: August 07, 2026
Circular Ref. No: 606/2026

To All NSE Members

Sub: Graded Surveillance Measure (GSM) - Periodic relaxation of Surveillance action

This has reference to Exchange circular nos. NSE/SURV/34262 dated February 23, 2017; introducing Graded Surveillance Measure framework and NSE/SURV/42790 dated November 29, 2019; regarding update on Graded Surveillance Measure and NSE/SURV/59425 dated November 17, 2023; regarding Graded Surveillance Measure for SME Segment and NSE/SURV/64066 dated September 20, 2024 regarding Extension of GSM on PSU Companies and NSE/SURV/74254 dated May 15, 2026 regarding update on Exemption of Graded surveillance Measure.

As per the provisions of GSM framework, a periodic review of securities under GSM, to assess relaxation of surveillance actions has been carried out in coordination with the other Exchanges. The securities eligible to move to lower stages of GSM framework w.e.f. August 10, 2026 are given in Annexure.

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

In case of any further queries, members are requested to contact on surveillance@nse.co.in

For National Stock Exchange of India Limited

Sareesh Koroth Associate Vice President Surveillance

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