Securities Moving to Stage I of Graded Surveillance Measure
NSE circular NSE/SURV/76095 · 01 Sept 2026
Official title
List of Securities moving to Stage I of Graded Surveillance Measure (GSM)
Official record
Open source pageSummary
Check the official recordWhat changed
The National Stock Exchange of India moves the security Next Mediaworks Limited (Symbol: NEXTMEDIA) to Stage I of the Graded Surveillance Measure (GSM). This change takes effect on September 2, 2026. Trading in this security requires a margin rate of 100 percent. The price band for this security is 5 percent or lower as applicable. Exchange members must take adequate precaution when they trade in this security.
What you must do
- Members must take adequate precaution while trading in the specified security.
Key dates
- Effective from
- 02 Sept 2026
- Effective date of movement to Stage I GSM
- 02 Sept 2026
Document text
National Stock Exchange of India Limited
Circular
| Department: SURVEILLANCE | |
| Download Ref No: NSE/SURV/76095 | Date: September 1, 2026 |
| Circular Ref. No: 673/2026 | |
To All NSE Members
Sub: List of Securities Moving to Stage I of Graded Surveillance Measure (GSM)
In continuation to Exchange circular(s) NSE/SURV/34262, NSE/SURV/38389, NSE/SURV/42790, NSE/SURV/59425, NSE/SURV/64066, NSE/SURV/74254 and NSE/SURV/ 74795 dated February 23, 2017, July 20, 2018, November 29, 2019, November 17, 2023, September 20, 2024, May 15, 2026 and June 19, 2026 respectively, members are hereby requested to note that the following securities shall be moved to Stage I of GSM with effect from September 02, 2026.
| Sr. No | Symbol | Security Name | ISIN |
|---|---|---|---|
| 1 | NEXTMEDIA | Next Mediaworks Limited | INE747B01016 |
Trading in the above-mentioned securities shall be available with applicable margin rate of 100% and price band of 5% or lower as applicable.
Members are requested to take adequate precaution while trading in the above securities.
Please refer Annexure for stage wise Surveillance actions as per GSM framework.
In case of any further queries, members might write to us on surveillance@nse.co.in.
For National Stock Exchange of India Limited
Sareesh Koroth
Associate Vice President
Surveillance
Continuation Sheet
National Stock Exchange of India Limited
Annexure:
Stage wise Surveillance actions as per GSM framework
| Stage | Surveillance Actions |
|---|---|
| I | Applicable margin rate shall be 100% and price band of 5% or lower as applicable. |
| II | Trade for Trade with price band of 5% or lower as applicable and Additional Surveillance Deposit (ASD) of 50% of trade value to be deposited by buyers. |
| III | Trade for Trade with price band of 5% or lower as applicable and Trading permitted once a week (Every Monday / 1st trading day of the week) and ASD (100% of trade value) to be deposited by the buyers. |
| IV | Trade for Trade with price band of 5% or lower as applicable and Trading permitted once a week (Every Monday / 1st trading day of the week) and ASD (100% of trade value) to be deposited by the buyers with no upward movement. |
For more information on Graded Surveillance Measure please refer to our Frequently Asked Questions (FAQs) - https://www.nseindia.com/regulations/graded-surveillance-measure
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 01 Sept 2026
- Document number
- NSE/SURV/76095
- Issuing division
- SURVEILLANCE
- Effective date
- 02 Sept 2026
- Coverage area
- securities