NSE circular NSE/SURV/75054 · 06 Jul 2026
Official title
List of Securities moving to Stage I of Graded Surveillance Measure (GSM)
Official record
Open source pageSummary
Check the official recordThe National Stock Exchange of India moves the security Net Avenue Technologies Limited (Symbol: CBAZAAR) to Stage I of the Graded Surveillance Measure (GSM). This change takes effect on July 07, 2026. Trading in this security requires a 100% margin rate. The price band for this security is 5% or lower. Exchange members must exercise caution when they trade this security.
What you must do
Key dates
Circular
| Department: SURVEILLANCE | |
|---|---|
| Download Ref No: NSE/SURV/75054 | Date: July 06, 2026 |
| Circular Ref. No: 503/2026 |
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 July 07, 2026.
| Sr. No. | Symbol | Security Name | ISIN |
|---|---|---|---|
| 1 | CBAZAAR | Net Avenue Technologies Limited | INE518X01015 |
Trading in the above-mentioned securities shall be available with applicable margin rate 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
Amit Shinde Chief Manager Surveillance
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
Who is affected