Securities Moving to Stage IV of Graded Surveillance Measure
NSE circular NSE/SURV/ 76363 · 16 Sept 2026
Official title
List of Securities Moving to Stage IV of Graded Surveillance Measure (GSM)
Official record
Open source pageSummary
Check the official recordWhat changed
The National Stock Exchange of India moves Univa Foods Limited to Stage IV of the Graded Surveillance Measure. This change takes effect on September 17, 2026. Trading for this security occurs only once a week on the first trading day. The exchange mandates a trade-to-trade settlement basis with no netting off. Buyers must deposit an Additional Surveillance Deposit of 100 percent of the trade value. The price band for the security is 5 percent or lower. No upward price movement is allowed. Members must exercise caution when trading this security.
What you must do
- Buyers must deposit an Additional Surveillance Deposit of 100 percent of the trade value.
- Members must trade the security only once a week on the first trading day.
- Members must settle trades on a trade-to-trade basis with no netting off.
Document text
National Stock Exchange of India Limited
Circular
| Department: SURVEILLANCE | |
| Download Ref No: NSE/SURV/ 76363 | Date: September 16, 2026 |
| Circular Ref. No: 718/2026 | |
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/ 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 IV of GSM with effect from September 17, 2026.
| Sr. No. | Symbol | Security Name | ISIN |
|---|---|---|---|
| 1 | 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
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
- 16 Sept 2026
- Document number
- NSE/SURV/ 76363
- Issuing division
- SURVEILLANCE
- Effective date
- 17 Sept 2026
- Coverage area
- securities