List of Securities Moving to Stage II of Graded Surveillance Measure
NSE circular 709/2026 · 15 Sept 2026
Official title
List of Securities Moving to Stage II of Graded Surveillance Measure (GSM)
Official record
Open source pageSummary
Check the official recordWhat changed
The National Stock Exchange of India moves the security DIGJAM LIMITED to Stage II of the Graded Surveillance Measure. This change takes effect on September 16, 2026. Trading for this security occurs on a trade-to-trade basis. The exchange applies a price band of 5% or lower. Buyers must deposit an Additional Surveillance Deposit of 50% of the trade value. The series changes from EQ to BE. Members must take precautions while trading because the exchange does not allow netting off for these settlements.
What you must do
- Buyers must deposit an Additional Surveillance Deposit of 50% of the trade value.
- Members must take adequate precautions while trading in the specified securities.
Key dates
- Effective from
- 16 Sept 2026
Document text
[Image omitted. See the official document.] [Image omitted. See the official document.]
National Stock Exchange of India Limited
Circular
| **Department: SURVEILLANCE** | |
| **Download Ref No:** NSE/SURV/76342 | **Date:** September 15, 2026 |
| **Circular Ref. No:** 709/2026 | |
To All NSE Members
Sub: List of Securities Moving to Stage II 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/76204 dated February 23, 2017, July 20, 2018, November 29, 2019, November 17, 2023, September 20, 2024, May 15, 2026 and September 04, 2026 respectively, members are hereby requested to note that the following securities shall be moved to Stage II of GSM with effect from September 16, 2026.
| Sr. No | Symbol | Security Name | ISIN |
|---|---|---|---|
| 1 | DIGJAMLMTD | DIGJAM LIMITED | INE731U01028 |
*Series Change from EQ to BE
Trading in the above-mentioned securities shall be available in 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.
Members are requested to take adequate precautions while trading in the above securities, as the settlement shall be done on trade-to-trade basis and no netting off shall be allowed.
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
[Image omitted. See the official document.]
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
- 15 Sept 2026
- Document number
- 709/2026
- Issuing division
- SURVEILLANCE
- Effective date
- 16 Sept 2026
- Coverage area
- securities