SEBI placed seven listed Indian stocks—including Adani Energy Solutions and Shaily Engineering Plastics—under ST-ASM Stage I due to unusual price and volume activity.
Inclusion dates were April 27 or 28 2026, with each exchange reviewing the stocks after a 5‑15‑day monitoring period before possible downgrade or exit.
The ST-ASM framework targets stocks showing sudden price moves, sharp volume spikes, high client concentration or limited trader diversity for investor protection.
Companies affected span energy, plastics, gaming, engineering, gas distribution, wire manufacturing and solar sectors, indicating broad market surveillance.