BSE, NSE to move Golden Tobacco to Stage III of GSM

MUMBAI: The BSE and NSE said that Golden Tobacco will be moved to Stage III and Accel Frontline to Stage V of the Graded Surveillance Measure (GSM) with effect from Tuesday.

Under Stage III and Stage V, trading is allowed once a week and once a month respectively, and Additional Surveillance Deposit of 100% and 200% of trade value respectively, has to be paid.