What is Graded Surveillance Measure (GSM)?

Graded Surveillance Measure (GSM) is one of many surveillance measures implemented, by SEBI and Exchanges, on securities with price not commensurate with financial health and fundamentals like Earnings, Book value, Fixed assets, Net-worth, P/E multiple, Market Capitalisation etc.

What are the main objectives of Graded Surveillance Measure (GSM)?

<ul><li>Alert and advice investors to be extra cautious while dealing in these securities.</li><li>Advise market participants to carry out necessary due diligence while dealing in these securities.</li></ul>

Where can more details on Graded Surveillance Measure (GSM) be found?

<ul><li><a rel="nofollow noreferrer noopener" onClick="event.stopPropagation();" href="https://www.bseindia.com/downloads1/FAQ_GSM.zip" alt="FAQ booklet on GSM by BSE">FAQ booklet on GSM by BSE</a></li><li><a rel="nofollow noreferrer noopener" onClick="event.stopPropagation();" href="https://www.bseindia.com/markets/equity/EQReports/graded_surveil_measure.aspx" alt="GSM page on BSE website">GSM page on BSE website</a></li></ul>

Should shortlisting under Graded Surveillance Measure (GSM) be construed as an adverse action against the concerned company/entity?

The shortlisting of securities under Graded Surveillance Measure (GSM) is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company/entity.

What are the criteria for shortlisting scrips under Graded Surveillance Measure (GSM) framework?

The detailed criteria for shortlisting & review of securities under GSM Framework is given below:<br><br><b>Criteria I:</b><br>The following criteria shall be made applicable for inclusion of securities under GSM Framework.<ol><li>Securities with latest available Net worth (Share Capital + Reserves & Surplus – debit balance in P&L) less than or equal to Rs. 10 crores;</li><div class="row w35P cen fw600"><p class="col-xs-12 m0">AND</p></div><li>Securities with latest available Net Fixed Assets (Tangible Assets + Capital Work in Progress) less than or equal to Rs. 25 crores;</li><div class="row w35P cen fw600"><p class="col-xs-12 m0">AND</p></div><li>Securities with PE greater than 2 times PE of Benchmark Index (Nifty 500) OR negative PE.</li></ol><br><b>The following securities shall be excluded from the process of shortlisting of securities under GSM: </b><ol><li>Securities where the price discovery is yet to take place as per the provision of SEBI circulars CIR/MRD/DP/01/2012 and CIR/MRD/DP/02/2012 dated January 20, 2012.</li><li>Securities already under suspension;</li><li>Securities on which derivative products are available;</li><li>Securities as a part of any index (NSE or BSE);</li><li>Public Sector Enterprises and its subsidiaries, if available;</li><li>Securities listed during last 1 year through Initial Public Offering (IPO);</li><li>Securities which have paid a dividend for each of the last three preceding years;</li><li>Securities with Institutional holding greater than 10% only if the following conditions are met:</li><ul><li>If the promoter entity has not offloaded any share in the last 5 years;</li></ul><div class="row w35P cen fw600"><p class="col-xs-12 m0">AND</p></div><ul><li>The current trading price of the security is within the range of High & Low price in last 3 years of the respective security.</li></ul><li>Securities listed through Scheme of Arrangement involving Merger / Demerger during last 1 year:</li><ol><li>In case of demerger, the following condition shall be applicable:</li><ul><li>If the parent company is under purview of GSM, the resultant demerged companies shall also attract GSM.</li><li>If the parent company is not under purview of GSM, the resultant demerged companies shall not be part of GSM at the time of demerger and shall be considered during the subsequent quarterly review.</li></ul><li> In case of merger of companies, if any of the securities at time of merger are under the purview of GSM, then the same shall be continued on the resultant entity.</li></ol></ol><br><b>Criteria II:</b><br>The following criteria shall be made applicable for inclusion of securities.<ol><li>Securities with full market capitalization less than Rs. 25 crore;</li><div class="row w35P cen fw600"><p class="col-xs-12 m0">AND</p></div><li>Securities with PE greater than 2 times PE of Benchmark Index (Nifty 500); </li><div class="row w35P cen fw600"><p class="col-xs-12 m0">OR</p></div><li>Securities with negative PE, the following should be considered:</li><ul><li>P/B (Price to Book) value of scrip greater than 2 times the P/B value of Benchmark Index (Nifty 500)</li></ul><div class="row w35P cen fw600"><p class="col-xs-12 m0">OR</p></div><ul><li>P/B value is negative</li></ul></ol>

What is Additional Surveillance Measure (ASM)?

Additional Surveillance Measure (ASM) is part of SEBI and the Exchanges initiative to enhance market integrity and safeguard the interest of investors. The ASM list is a list of securities that are currently getting monitored due to factors like price fluctuation, volatility, volume variance, etc.

What are the main objectives of and Additional Surveillance Measure (ASM)?

<ul><li>Alert and advice investors to be extra cautious while dealing in these securities.</li><li>Advise market participants to carry out necessary due diligence while dealing in these securities.</li></ul>

Where can more details on Additional Surveillance Measure (ASM) be found?

<ul><li><a rel="nofollow noreferrer noopener" onClick="event.stopPropagation();" href="https://www.bseindia.com/downloads1/FAQ_ASM.zip" alt="FAQ booklet on ASM by BSE">FAQ booklet on ASM by BSE</a><li><a rel="nofollow noreferrer noopener" onClick="event.stopPropagation();" href="https://www.bseindia.com/markets/equity/EQReports/additional_surveillance_measure.aspx" alt="ASM page on BSE website">ASM page on BSE website</a></li></ul>

Should shortlisting under Additional Surveillance Measure (ASM) be construed as an adverse action against the concerned company/entity?

The shortlisting of securities under Additional Surveillance Measure (ASM) is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company/entity.

What are the criteria for shortlisting scrips under Additional Surveillance Measure (ASM) framework?

The shortlisting of securities for placing in Additional Surveillance Measure (ASM) framework is based on an objective criteria as jointly decided by SEBI and Exchanges covering the following market based dynamic parameters:<ul><li>High Low Variation</li><li>Client Concentration</li><li>Close to Close Price Variation</li><li>Volume Variation</li><li>Delivery Percentage</li><li>No. of Unique PANs</li><li>PE</li></ul>

Stocks removed from Long/Short Term ASM and GSM framework on BSE exchange

Stock Name	Stock Code	Exchange	LONG/SHORT TERM	STAGE	Exit Date	History
Murae Organisor	MURAE	BSE	GSM	Stage IV	11 Aug 2025	View History
Pankaj Piyush Trade	VOLKAI	BSE	GSM	Stage IV	05 Aug 2025	View History
Oxford Industries	OXFORDIN	BSE	GSM	Stage VI	26 Jun 2025	View History
Quantum Digital	QUANTDIA	BSE	GSM	Stage 0	23 Jun 2025	View History
Sharp Investments	SHARPINV	BSE	GSM	Stage 0	23 Jun 2025	View History
Bluegod Entertainment 5-year high	BLUEGOD	BSE	GSM	Stage 0	23 Jun 2025	View History
TeleCanor Global	TELECANOR	BSE	GSM	Stage IV	23 Jun 2025	View History
Zinema Media	ZINEMA	BSE	GSM	Stage IV	23 Jun 2025	View History
Hypersoft Tech 5-year high	HYPERSOFT	BSE	GSM	Stage IV	23 Jun 2025	View History
Bangalore Fort Farms	BFFL	BSE	GSM	Stage II	23 Jun 2025	View History
Glittek Granites	GLITTEKG	BSE	GSM	Stage III	23 Jun 2025	View History
Rajasthan Petro	RAJSPTR	BSE	GSM	Stage IV	23 Jun 2025	View History
NEO Infracon	NEOINFRA	BSE	GSM	Stage IV	23 Jun 2025	View History
SMT Engineering 10-year high	SMTEL	BSE	GSM	Stage IV	23 Jun 2025	View History
Iconik Sports and Events 10-year high	ICONIKSPEV	BSE	GSM	Stage IV	23 Jun 2025	View History
Longspur Intl	LONGSPUR	BSE	GSM	Stage 0	23 Jun 2025	View History
Ashiana Agro Ind	ASHAI	BSE	GSM	Stage 0	23 Jun 2025	View History
Shivagrico Implements High Gain High Volume	SHIVAGR	BSE	GSM	Stage II	23 Jun 2025	View History
Kumbhat Financial	KUMPFIN	BSE	GSM	Stage II	23 Jun 2025	View History
Asia Pack	ASIAPAK	BSE	GSM	Stage I	23 Jun 2025	View History
Pagaria Energy 10-year high	WOMENNET	BSE	GSM	Stage 0	23 Jun 2025	View History
Brijlaxmi Leasing	BRIJLEAS	BSE	GSM	Stage I	23 Jun 2025	View History
Groarc Industries	GROARC	BSE	GSM	Stage 0	23 Jun 2025	View History
PBA Infrastructure	PBAINFRA	BSE	GSM	Stage 0	23 Jun 2025	View History
Sofcom Systems	SOFCOM	BSE	GSM	Stage I	23 Jun 2025	View History
Aananda Lakshmi Spinning	AANANDALAK	BSE	GSM	Stage III	23 Jun 2025	View History
Kotia Enterprises	KEL	BSE	GSM	Stage I	23 Jun 2025	View History
Innovative Ideals	INNOVATIVE	BSE	GSM	Stage 0	23 Jun 2025	View History
Gleam Fabmat	GLEAM	BSE	GSM	Stage II	23 Jun 2025	View History
Humming Bird Edu	HBEL	BSE	GSM	Stage 0	23 Jun 2025	View History
Rita Finance	RFLL	BSE	GSM	Stage II	23 Jun 2025	View History
Kuberan Global Edu 52 week high SAST Trades	KGES	BSE	GSM	Stage III	23 Jun 2025	View History
Vaxfab Enterprises	VEL	BSE	GSM	Stage I	23 Jun 2025	View History
Shashwat Furnishing	SFSL	BSE	GSM	Stage I	23 Jun 2025	View History
Fynx Capital	FYNX	BSE	GSM	Stage IV	23 Jun 2025	View History
Manbro Industries	MANBRO	BSE	GSM	Stage III	23 Jun 2025	View History
Mardia Samyoung Capillary 10-year high	MSCTC	BSE	GSM	Stage IV	23 Jun 2025	View History
Genesis IBRC 10-year high	GENESIS	BSE	GSM	Stage IV	23 Jun 2025	View History
Kabra Drugs	KABRADG	BSE	GSM	Stage IV	23 Jun 2025	View History
iStreet Network 5-year high	ISTRNETWK	BSE	GSM	Stage IV	23 Jun 2025	View History
Abate As Industries	ABATEAS	BSE	GSM	Stage IV	23 Jun 2025	View History
Deccan Polypacks	DECPO	BSE	GSM	Stage IV	23 Jun 2025	View History
Trimurthi	NOVELIX	BSE	GSM	Stage IV	23 Jun 2025	View History
Valencia Nutrition 52 week high	VALENCIA	BSE	GSM	Stage III	23 Jun 2025	View History
Saffron Industries 10-year high	SAFFRON	BSE	GSM	Stage III	23 Jun 2025	View History
Siddheswari Garments	SIDDHEGA	BSE	GSM	Stage II	23 Jun 2025	View History
Avishkar Infra 10-year high	AIRLTD	BSE	GSM	Stage IV	23 Jun 2025	View History
RR Fin Consultants 10-year high	RRFIN	BSE	GSM	Stage IV	23 Jun 2025	View History
Raunaq EPC Intl	RAUNAQ	BSE	GSM	Stage IV	23 Jun 2025	View History
Shyamkamal Inv	SHYMINV	BSE	GSM	Stage II	23 Jun 2025	View History
Tanfac Industries	TANFACIND	BSE	Short Term ASM	Stage I	11 Aug 2025	View History
Panchsheel Organics	PANCHSHEEL	BSE	Short Term ASM	Stage I	11 Aug 2025	View History
Rajkot Inv Trust	RAJKOTINV	BSE	Short Term ASM	Stage I	11 Aug 2025	View History
B&B Triplewall	BBTCL	BSE	Long Term ASM	Stage I	08 Aug 2025	View History
Malu Paper Mills	MALUPAPER	BSE	Long Term ASM	Stage I	08 Aug 2025	View History
Jet Infraventure	JETSOLAR	BSE	Long Term ASM	Stage I	08 Aug 2025	View History
KIFS Financial	KIFS	BSE	Short Term ASM	Stage I	08 Aug 2025	View History
Bharat Parenterals	BPLPHARMA	BSE	Short Term ASM	Stage I	08 Aug 2025	View History
Asit C Mehta Financial	ASITCFIN	BSE	Long Term ASM	Stage I	08 Aug 2025	View History
Landmarc Leisure	LANDMARC	BSE	Long Term ASM	Stage I	08 Aug 2025	View History
Pondy Oxides & Chem	POCL	BSE	Short Term ASM	Stage I	08 Aug 2025	View History
Golden Legand Leasing	GOLDLEG	BSE	Short Term ASM	Stage I	08 Aug 2025	View History
Neil Industries	NEIL	BSE	Short Term ASM	Stage I	08 Aug 2025	View History
Benara Bearings & Pistons	BENARA	BSE	Long Term ASM	Stage I	08 Aug 2025	View History
Benara Bearings & Pistons	BENARA	BSE	Short Term ASM	Stage I	07 Aug 2025	View History
Sainik Finance	SAINIK	BSE	Short Term ASM	Stage I	07 Aug 2025	View History
Shree Pacetronix	SHREEPAC	BSE	Long Term ASM	Stage I	07 Aug 2025	View History
Jaiprakash Power	JPPOWER	BSE	Short Term ASM	Stage I	06 Aug 2025	View History
Prime Focus	PFOCUS	BSE	Short Term ASM	Stage I	06 Aug 2025	View History
IIRM Holdings	IIRM	BSE	Short Term ASM	Stage I	06 Aug 2025	View History
Brightcom Group	BCG	BSE	Short Term ASM	Stage I	06 Aug 2025	View History
The Phosphate Co	PHOSPHATE	BSE	Short Term ASM	Stage I	06 Aug 2025	View History
Signpost	SIGNPOST	BSE	Short Term ASM	Stage I	05 Aug 2025	View History
Angel Fibers	ANGEL	BSE	Short Term ASM	Stage I	05 Aug 2025	View History
Medico Remedies	MEDICO	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
White Organic Agro	WHITEORG	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
Ladderup Finance	LADDERUP	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
Maruti Infra	MAINFRA	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
Apoorva Leasing High Loss High Volume	APOORVA	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
Stanrose Mafatlal Investments	STANROS	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
Gabriel High Gain High Volume	GABRIEL	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Suryo Foods	SURFI	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Hubtown 10-year high	HUBTOWN	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Lloyds Engineering	LLOYDSENGG	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Lotus Chocolate	LOTUSCHO	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
India Steel Works	ISWL	BSE	Long Term ASM	Stage I	04 Aug 2025	View History
Julien Agro	JULIEN	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
M K Exim	MKEXIM	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Mercantile Ventures	MERCANTILE	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Manaksia Aluminium	MANAKALUCO	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Athena Constructions High Loss High Volume	ATHCON	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Shanti Educational	SEIL	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Rossell Techsys Ltd.	ROSSTECH	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Indian Energy Exchange	IEX	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Abans Enterprises	ABANSENT	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Maestros Electronics	METSL	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
Elegant Floriculture	ELEFLOR	BSE	Short Term ASM	Stage I	04 Aug 2025	View History
BDH Industries	BDH	BSE	Short Term ASM	Stage I	31 Jul 2025	View History
Raghunath Intl High Gain High Volume	RAGHUNAT	BSE	Short Term ASM	Stage I	31 Jul 2025	View History
Barak Valley Cements	BVCL	BSE	Short Term ASM	Stage I	31 Jul 2025	View History
Remi Edelstahl Tubulars	REMIEDEL	BSE	Long Term ASM	Stage I	31 Jul 2025	View History
Vashu Bhagnani	POOJAENT	BSE	Short Term ASM	Stage II	31 Jul 2025	View History
Diamond Power	DIACABS	BSE	Short Term ASM	Stage I	30 Jul 2025	View History
Subhash Silk Mills	SUBSM	BSE	Short Term ASM	Stage I	30 Jul 2025	View History
Garg Furnace	GARGFUR	BSE	Short Term ASM	Stage I	30 Jul 2025	View History
Vashu Bhagnani	POOJAENT	BSE	Short Term ASM	Stage I	30 Jul 2025	View History
Arfin	ARFIN	BSE	Short Term ASM	Stage I	30 Jul 2025	View History
Indo US Bio-Tech	INDOUS	BSE	Short Term ASM	Stage I	30 Jul 2025	View History
Narmada Agrobase	NARMADA	BSE	Short Term ASM	Stage I	30 Jul 2025	View History
Team Guaranty	TEAMGTY	BSE	Long Term ASM	Stage I	30 Jul 2025	View History
Panth Infinity	PANTH	BSE	Short Term ASM	Stage I	29 Jul 2025	View History
Kreon Fin Serv	KREONFIN	BSE	Long Term ASM	Stage II	28 Jul 2025	View History
Mahindra EPC Irrigation	MAHEPC	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Shreyas Intermediates	SHREYASI	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
DJ Mediaprint & Logistics	DJML	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Qualitek Labs	QLL	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Pankaj Polymers	PANKAJPO	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Natural Capsules	NATCAPSUQ	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Royal Sense	ROYAL	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Vadilal Industries	VADILALIND	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
BCC Fuba	BCCFUBA	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
V2 Retail	V2RETAIL	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Wires and Fabriks	WIREFABR	BSE	Long Term ASM	Stage II	25 Jul 2025	View History
Ashiana Agro Ind	ASHAI	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Fervent Synergies	FERVENTSYN	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Virinchi	VIRINCHI	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Salem Erode Inv	SALEM	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Southern Magnesium	SOUTHMG	BSE	Short Term ASM	Stage I	25 Jul 2025	View History
Haldyn Glass	HALDYNGL	BSE	Short Term ASM	Stage I	25 Jul 2025	View History
Unjha Formulations	UNJHAFOR	BSE	Short Term ASM	Stage I	25 Jul 2025	View History
Magellanic Cloud	MCLOUD	BSE	Short Term ASM	Stage I	25 Jul 2025	View History
Kapil Raj Finance	KAPILRAJ	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Kesar Enterprises	KESARENT	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Hamps Bio Ltd.	HAMPS	BSE	Long Term ASM	Stage I	25 Jul 2025	View History
Kreon Fin Serv	KREONFIN	BSE	Long Term ASM	Stage I	24 Jul 2025	View History
Som Datt Finance	SODFC	BSE	Long Term ASM	Stage I	24 Jul 2025	View History
Gowra Leasing	GOWRALE	BSE	Short Term ASM	Stage I	24 Jul 2025	View History
Neuland Laboratories	NEULANDLAB	BSE	Short Term ASM	Stage I	24 Jul 2025	View History
GSB Finance	GSBFIN	BSE	Short Term ASM	Stage I	24 Jul 2025	View History
Rajoo Engineers	RAJOOENG	BSE	Short Term ASM	Stage I	24 Jul 2025	View History
B.R.Goyal Infra	BRGIL	BSE	Short Term ASM	Stage I	24 Jul 2025	View History
Trustedge Capital	TRUSTEDGE	BSE	Long Term ASM	Stage II	24 Jul 2025	View History
John Cockerill	COCKERILL	BSE	Short Term ASM	Stage I	23 Jul 2025	View History
Kesar Petroproducts 5-year high	KESARPE	BSE	Short Term ASM	Stage I	23 Jul 2025	View History
Bhagyanagar	BHAGYANGR	BSE	Short Term ASM	Stage I	23 Jul 2025	View History
KCD Industries	KCDGROUP	BSE	Short Term ASM	Stage I	23 Jul 2025	View History
Vandan Foods	VANDAN	BSE	Short Term ASM	Stage I	23 Jul 2025	View History
Yogi	YOGI	BSE	Long Term ASM	Stage I	22 Jul 2025	View History
BGIL Films & Tech	BGIL	BSE	Long Term ASM	Stage I	22 Jul 2025	View History
Peninsula Land	PENINLAND	BSE	Short Term ASM	Stage I	22 Jul 2025	View History
Vasudhagama Ent 5-year low	VASUDHAGAM	BSE	Short Term ASM	Stage I	22 Jul 2025	View History
Nila Spaces	NILASPACES	BSE	Short Term ASM	Stage I	22 Jul 2025	View History
Aastamangalam Finance	AASTAFIN	BSE	Short Term ASM	Stage I	22 Jul 2025	View History
Shashwat Furnishing	SFSL	BSE	Short Term ASM	Stage I	22 Jul 2025	View History
Mishka Exim	MISHKA	BSE	Long Term ASM	Stage I	22 Jul 2025	View History
Veranda Learning	VERANDA	BSE	Short Term ASM	Stage I	21 Jul 2025	View History
Mishka Exim	MISHKA	BSE	Short Term ASM	Stage I	21 Jul 2025	View History
Viji Finance	VIJIFIN	BSE	Long Term ASM	Stage I	21 Jul 2025	View History
Yash Innoventures	YASHINNO	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
N K Industries	NKIND	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Thakker's Developers	THAKDEV	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Tanvi Foods	TANVI	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Raja Bahadur	RAJABAH	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Veejay Lakshmi	VJLAXMIE	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Carraro India Ltd.	CARRARO	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Citadel Realty	CITADEL	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Excel Realty N Infra	EXCEL	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Lotus Chocolate	LOTUSCHO	BSE	Long Term ASM	Stage II	18 Jul 2025	View History
Sky Gold and Diamonds	SKYGOLD	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Trustedge Capital	TRUSTEDGE	BSE	Long Term ASM	Stage I	18 Jul 2025	View History
Gini Silk Mills	GINISILK	BSE	Short Term ASM	Stage I	18 Jul 2025	View History
Raunaq EPC Intl	RAUNAQ	BSE	Short Term ASM	Stage I	18 Jul 2025	View History
J G Chemicals	JGCHEM	BSE	Short Term ASM	Stage I	18 Jul 2025	View History
Innovana Thinklabs	INNOVANA	BSE	Short Term ASM	Stage I	17 Jul 2025	View History
Virinchi	VIRINCHI	BSE	Short Term ASM	Stage I	17 Jul 2025	View History
Shubham Polyspin	SHUBHAM	BSE	Long Term ASM	Stage I	17 Jul 2025	View History
Suvidhaa Infoserve	SUVIDHAA	BSE	Long Term ASM	Stage I	17 Jul 2025	View History
Gagan Gases	GAGAN	BSE	Long Term ASM	Stage I	17 Jul 2025	View History
CWD	CWD	BSE	Long Term ASM	Stage I	16 Jul 2025	View History
Rasandik Engineering	RASANDIK	BSE	Short Term ASM	Stage I	16 Jul 2025	View History
Sharda Motor	SHARDAMOTR	BSE	Short Term ASM	Stage I	16 Jul 2025	View History
Kalpa Commercial 5-year high	KALPACOMME	BSE	Long Term ASM	Stage I	16 Jul 2025	View History
Rose Merc.	ROSEMER	BSE	Short Term ASM	Stage II	16 Jul 2025	View History
Sri KPR Industries	SRIKPRIND	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
Ecoplast	ECOPLAST	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
Sindhu Trade Links	SINDHUTRAD	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
PC Jeweller	PCJEWELLER	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
Parsvnath Developers 52 week low	PARSVNATH	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
Euphoria Infotech	EUPHORIAIT	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
Hemant Surgical 52 week high	HSIL	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
Fervent Synergies	FERVENTSYN	BSE	Short Term ASM	Stage I	15 Jul 2025	View History
Wires and Fabriks	WIREFABR	BSE	Long Term ASM	Stage I	14 Jul 2025	View History
Rose Merc.	ROSEMER	BSE	Short Term ASM	Stage I	14 Jul 2025	View History
Conart Engineers	CONART	BSE	Short Term ASM	Stage I	14 Jul 2025	View History
Inter State Oil	INTSTOIL	BSE	Short Term ASM	Stage I	14 Jul 2025	View History
Eiko Lifesciences	EIKO	BSE	Short Term ASM	Stage I	14 Jul 2025	View History
Glittek Granites	GLITTEKG	BSE	Short Term ASM	Stage I	14 Jul 2025	View History
Kothari Fermentation	KFBL	BSE	Long Term ASM	Stage I	11 Jul 2025	View History
Maral Overseas	MARALOVER	BSE	Long Term ASM	Stage I	11 Jul 2025	View History
Gujarat Apollo Ind	GUJAPOLLO	BSE	Long Term ASM	Stage I	11 Jul 2025	View History

Stocks removed from Long/Short Term Additional Surveillance Measure (ASM) and Graded Surveillance Measure (GSM) framework on BSE exchange

FAQ