Reliance Infrastructure Urges SEBI, NSE and BSE to Review Weekly Trading Restrictions Under ASM Framework

Written by: Kusum KumariUpdated on: 8 Jun 2026, 9:00 pm IST
Reliance Infrastructure has requested regulators to review ASM-related trading curbs, saying the restrictions affect price discovery and over 7 lakh shareholders.
Reliance Infrastructure
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Reliance Infrastructure Limited has approached the Securities and Exchange Board of India, National Stock Exchange of India, and BSE Limited to review the trading restrictions imposed on its shares under the Additional Surveillance Measure (ASM) framework linked to insolvency proceedings.

The company said the current rules allow trading in its shares only once a week and within a narrow 5% price band, limiting normal market activity.

Reliance Infrastructure Raises Concerns Over Shareholder Impact

Reliance Infrastructure stated that the restrictions are adversely affecting more than 7 lakh public shareholders. According to the company, the limited trading window leads to predictable and mechanical price movements instead of allowing genuine market-driven price discovery.

The company believes that such restrictions may prevent its share price from accurately reflecting its business performance, operational progress, and long-term growth potential.

Concerns Over Market Efficiency

The company argued that its shares continue to attract active investor participation and are widely traded. It said that the existing framework could negatively impact market efficiency and investor confidence.

Reliance Infrastructure also noted that during periods when the stock hits lower circuit limits, shareholders may find it difficult to sell their holdings at fair market prices. As a result, the value of their investments may decline steadily without sufficient trading opportunities.

Alternative Measures Suggested

In its representation to regulators, the company proposed a more balanced approach that would continue to protect investors while improving price discovery.

Reliance Infrastructure suggested retaining safeguards such as:

  • Gross settlement mechanism
  • 100% margin requirements
  • Additional Surveillance Deposit (ASD)
  • Existing price-band protections 

At the same time, it recommended alternatives such as:

  • Periodic call-auction trading
  • Wider and graded price bands
  • Measures that encourage genuine 2-way trading activity 

The company believes these changes could help improve liquidity and enable fairer market pricing.

Company Cites NCLAT Stay on Insolvency Proceedings

Reliance Infrastructure pointed out that the ASM restrictions were imposed despite National Company Law Appellate Tribunal staying both the insolvency admission order and the Corporate Insolvency Resolution Process (CIRP) against the company.

The company said no resolution professional has taken control of its operations and that its business continues to be managed by its board of directors in the normal course.

About Reliance Infrastructure

Reliance Infrastructure operates across several infrastructure segments through special purpose vehicles. Its businesses include projects in:

  • Power
  • Roads
  • Metro rail
  • Other infrastructure sectors 

The company continues to focus on developing projects in high-growth areas of the economy.

Read MoreRailTel Corporation Share Price in Focus; Secures ₹31.21 Crore IT Infrastructure Order from NSIL

Reliance Infrastructure Share Price Movement

Reliance Infrastructure share price (NSE: RELINFRA) gained 4.99% on June 8, 2026, to trade at ₹85.84 on the NSE. The stock opened at ₹84.99, touched an intraday high of ₹85.84, and fell to a low of ₹83.40 during the session. .

Conclusion

Reliance Infrastructure has urged SEBI, NSE, and BSE to reconsider the ASM-related trading restrictions on its shares, arguing that the current framework hampers fair price discovery and impacts millions of retail investors.

Want to read stock market updates in Hindi? Angel One News gives comprehensive share market news in Hindi.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Jun 8, 2026, 3:30 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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