Description
BSE revises price bands for 9 securities including Anka India Ltd, Asston Pharmaceuticals Ltd, and others with new bands ranging from 2% to 20%.
Summary
BSE has revised price bands for 9 securities effective July 30, 2025. The price bands have been adjusted to control volatility, with bands ranging from 2% to 20% depending on the security.
Key Points
- 9 securities affected by price band revisions
- Changes effective from July 30, 2025
- Price bands range from 2% to 20%
- Most securities set to 2% band (6 out of 9)
- Asston Pharmaceuticals Ltd gets highest band at 20%
- Times Guaranty Ltd set to 10% band
Regulatory Changes
Price band revisions for the following securities:
- Anka India Ltd: 2%
- Asston Pharmaceuticals Ltd: 20%
- Ekansh Concepts Ltd: 2%
- EMA India Ltd: 2%
- Esha Media Research Ltd: 5%
- Kreon Finnancial Services Ltd: 5%
- Reliable Ventures India Ltd: 2%
- Samsrita Labs Ltd: 2%
- Times Guaranty Ltd: 10%
Compliance Requirements
- Trading members must adhere to new price band limits
- Surveillance team contact available at bse.surv@bseindia.com for clarifications
- No additional compliance actions required from listed companies
Important Dates
- Notice Date: July 29, 2025
- Effective Date: July 30, 2025
Impact Assessment
The price band changes will limit daily price movements for these securities, with most securities having restrictive 2% bands that may reduce volatility but could also limit price discovery. Asston Pharmaceuticals Ltd’s 20% band suggests higher volatility tolerance, while the majority of securities face tighter trading ranges.
Impact Justification
Price band changes affect trading volatility limits for 9 securities, impacting daily price movement restrictions