BSE puts Bombay Dyeing, Rain Industries, 35 others under ‘additional surveillance measure’; check full list

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Updated: June 5, 2018 1:24:46 PM

Bombay Stock Exchange (BSE) has placed shares of Dilip Buildcon, HEG, Rain Industries, Radico Khaitan, Bombay Dyeing, Apex Frozen Foods and 31 other scrips under ASM (Additional Surveillance Measure) framework immediately effective from today, 1 June 2018.

Among the 37 scrips placed under ASM framework, 4 companies are from the ‘A’ group of BSE. (Image: Reuters)

Bombay Stock Exchange (BSE) has placed shares of Dilip Buildcon, HEG, Rain Industries, Radico Khaitan, Bombay Dyeing, Apex Frozen Foods and 31 other scrips under ASM (Additional Surveillance Measure) framework immediately effective from today, 1 June 2018. Following the action, shares of most of the companies dropped in the morning deals on Friday with the stock of Rain Industries and HEG plunging up to 5%. “Securities which are placed under the ASM framework would be reviewed on bimonthly basis for the applicability of ASM framework, BSE said in a notice on 31 May 2018.

UPDATE: BSE adds Anil Ambani’s R-Naval to ‘additional surveillance measure’, check full list of 109 companies

According to BSE, market participants may note that ASM framework shall be in conjunction with all other prevailing surveillance measures being imposed by the exchanges from time to time. “The shortlisting of securities under ASM Framework is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company/entity,” BSE said in a statement.

Here is the list of 37 shares that have been placed under the ASM framework by BSE

Serial No.Scrip CodeISINScrip NameBSE Group
1507525INE866E01026Amrit CorporationX
2540692INE346W01013Apex Frozen FoodsB
3507526INE073G01016Associated Alcohols & BreweriesX
4539018INE213D01015Beekay Steel Industries Ltd.X
5500052INE922A01025Bhansali Engineering PolymersB
6523229INE415D01024Bharat SeatsX
7500020INE032A01023Bombay Dyeing & Mfg CompanyA
8517421INE295F01017Butterfly Gandhimati AppliancesB
9506414INE225B01013DilX
10540047INE917M01012Dilip BuildconA
11533218INE778K01012Emami InfrastructureB
12500650INE369A01029Excel IndustriesB
13533333INE045J01026Fineotex ChemicalB
14502865INE518A01013Forbes & CompanyB
15539407INE854S01014Generic Engineering ConstructionX
16509567INE426D01013Goa CarbonB
17532439INE260D01016Goldstone InfratechB
18509488INE371A01025Graphite IndiaB
19532708INE251H01024GVK Power & InfrastructureB
20509631INE545A01016HEGB
21509675INE557A01011HilB
22500184INE019C01026Himadri Speciality ChemicalB
23500201INE560A01015India GlycolsB
24531543INE247D01021Jindal WorldwideB
25532054INE291D01011KDDLB
26513269INE993A01026Man Industries (India)B
27500279INE831A01028Mirc ElectronicsB
28538772INE480D01010Niyogin FintechB
29530135INE350C01017Optiemus InfracomB
30532497INE944F01028Radico KhaitanA
31500339INE855B01025Rain IndustriesA
32519260INE890C01046Sanwaria ConsumerB
33504966INE422C01014Tinplate Company of IndiaB
34526957INE493E01029Uniply DecorX
35523261INE398A01010Venky’s (India)B
36522029INE052A01021Windsor MachinesB
37522108INE384C01016Yuken IndiaX

Notably, among the 37 scrips placed under ASM framework, 4 companies are from the ‘A’ group of BSE — Radico Khaitan, Rain Industries, Dilip Buildcon and Bombay Dyeing Manufacturing Company. “In case of any clarifications, members are requested to contact 2272 5001/ 2272 1717 /2272 5158,” BSE notice said.

(This story was first published on 1 June 2018 on www.financialexpress.com)

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