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Delhi High Court To Hear Kairosoft AI Solutions' Case Against BSE And SEBI On Graded Surveillance Measures

  • The Delhi High Court will hear a writ petition filed by Kairosoft AI Solutions against BSE and SEBI regarding the Graded Surveillance Measures.
  • The company is seeking to quash a circular that placed it under Stage IV of the Graded Surveillance Measure.
  • The case is expected to provide clarity on how businesses can seek relief from strict surveillance measures imposed by stock exchanges.
  • The Graded Surveillance Measures are a set of rules implemented by BSE to monitor and control trading in stocks showing unusual activity.

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