10/8/2024, 11:45:05 am

NSE, BSE expand ESM Framework to cover companies with mcap up to Rs 1000 cr

Beginning August 13, stock exchanges will extend the Enhanced Surveillance Measure (ESM) framework. This expansion will now include mainboard companies with a market capitalization of up to Rs 1,000 crore. Previously, the ESM framework was limited to companies with a market cap below Rs 500 crore. The ESM mechanism, introduced in June last year, aims to address volatility in small-cap stocks.

Source: FlipItMoney
NSE, BSE expand ESM Framework to cover companies with mcap up to Rs 1000 cr

Ad

More Flips