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The National Stock Exchange updates the surveillance framework for companies under the Insolvency and Bankruptcy Code. Market participants must apply the revised surveillance measures for non-derivative and derivative securities starting on August 10, 2026. The framework defines specific stages, shortlisting criteria, and surveillance actions based on price variation and corporate disclosures. Scrips remain under the framework until specific exit conditions occur, such as the approval of a resolution plan or a liquidation order. Securities with recommencement of trading must meet a non-promoter holding threshold of twenty-five percent for three calendar months before exiting.
What you must do
Key dates
Who is affected
Thresholds
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