NSE10 Aug 2026circularPrepared by Complied AI

List of Securities Moving to Stage IV of Graded Surveillance Measure

Official title

List of Securities Moving to Stage IV of Graded Surveillance Measure (GSM)

Official record

Summary

What changed

The National Stock Exchange of India moves Grand Foundry Limited and Univa Foods Limited to Stage IV of the Graded Surveillance Measure. This change takes effect on August 12, 2026. Trading for these securities occurs only once a week on the first trading day. The exchange requires a 100 percent Additional Surveillance Deposit from buyers. The price band remains at 5 percent or lower with no upward movement. Settlement occurs on a trade-to-trade basis. Netting off is not allowed. Members must take adequate precautions when trading these securities.

Who is affected: NSE members
Grand Foundry Limited
Univa Foods Limited
Required action: Buyers must deposit 100 percent of trade value as Additional Surveillance Deposit.
Members must perform settlement on a trade-to-trade basis without netting off.
Key dates: Effective date for movement to Stage IV — 11 Aug 2026
Thresholds: Price band of 5 percent or lower.
Additional Surveillance Deposit of 100 percent of trade value.
Consequences: Trading is restricted to once a week.
No upward movement in price band.

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Source details

Source: National Stock Exchange of India
Type: circular
Published by source: 10 Aug 2026
Document number: NSE/SURV/75686
Issuing division: SURVEILLANCE
Effective date: 11 Aug 2026
Coverage area: securities

Document text

Prepared for reading; wording retained from the source.

Verify official record

National Stock Exchange of India Limited Circular

Department: SURVEILLANCE
Download Ref No: NSE/SURV/75686	Date: August 11, 2026
Circular Ref. No: 612/2026

To All NSE Members

Sub: List of Securities Moving to Stage IV 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 IV of GSM with effect from August 12, 2026.

Sr. No.	Symbol	Security Name	ISIN
1	GFSTEELS	Grand Foundry Limited	INE534A01028
2	UNIVAFOODS	Univa Foods Limited	INE275F01019

Trading in the above-mentioned securities shall be available in 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.

Members are requested to take adequate precaution 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

Sareesh Koroth Associate Vice President Surveillance

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

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