BSE, NSE to remove NDTV from ASM framework - Hindustan Times
close_game
close_game

BSE, NSE to remove NDTV from ASM framework

PTI | | Posted by Sreelakshmi B
May 20, 2023 11:44 AM IST

The stock is to be excluded from the ASM framework effective May 22.

Leading bourses BSE and NSE on Friday said that NDTV, an Adani Group company, will move out of the ASM framework from May 22.

BSE (formerly Bombay Stock Exchange)(HT File)
BSE (formerly Bombay Stock Exchange)(HT File)

On March 17, both the bourses moved NDTV from the second to the first stage of the long-term Additional Surveillance Measure (ASM) framework.

Hindustan Times - your fastest source for breaking news! Read now.

The stock is to be excluded from the ASM framework effective May 22, according to two separate circulars available on the BSE and NSE websites.

Last week, both the exchanges had given an exit to three Adani Group stocks -- Adani Total Gas, Adani Transmission and Adani Green Energy -- from the ASM framework.

US short-seller Hindenburg Research in its January 24 report levelled allegations of fraud and stock manipulation against the Adani group, however, the conglomerate has repeatedly denied all allegations.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Friday, March 29, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On