Description
BSE announces revised price bands for 13 equity securities with reduced percentage bands ranging from 2% to 20%, effective July 29, 2025.
Summary
BSE has revised price bands for 13 equity securities, implementing tighter trading restrictions with reduced percentage bands effective July 29, 2025. The changes range from 2% to 20% price bands, indicating enhanced surveillance measures for these scrips.
Key Points
- 13 securities affected with revised price bands
- New bands range from 2% to 20% (reduced from existing levels)
- Changes effective from July 29, 2025
- Most securities reduced to 5% or lower price bands
- Two securities (Glen Industries and The Phosphate Company) maintain higher bands at 20% and 10% respectively
Regulatory Changes
Price band revisions represent tightened trading controls, likely due to surveillance concerns or volatility management requirements. The majority of affected securities now have restrictive 2-5% price bands.
Compliance Requirements
- Trading members must implement revised price bands from July 29, 2025
- All trading systems must be updated to reflect new percentage limits
- Members can seek clarifications at bse.surv@bseindia.com
Important Dates
- Notice Date: July 28, 2025
- Effective Date: July 29, 2025
Impact Assessment
The price band revisions will significantly limit intraday price movements for affected securities, potentially reducing liquidity and trading volumes. Investors will face restricted price discovery, while the measures aim to prevent excessive volatility and protect market integrity.
Impact Justification
Price band changes affect trading volatility and investor access for multiple securities