Description
BSE announces revised price bands for seven securities including Covidh Technologies, Elegant Floriculture, Hind Rectifiers, and others, effective July 31, 2025.
Summary
BSE has revised price bands for seven securities effective July 31, 2025. The changes include reductions to 2% bands for three companies and increases to 5-10% bands for others, reflecting updated risk assessments and market conditions.
Key Points
- Seven securities will have revised price bands from July 31, 2025
- Price bands range from 2% to 10% depending on the security
- Changes affect companies across various sectors including technology, agriculture, and infrastructure
- Trading members have been notified in advance of the implementation
Regulatory Changes
Price band revisions for the following securities:
- Covidh Technologies Ltd (534920): 2%
- Elegant Floriculture & Agrotech India Ltd (526473): 10%
- Hind Rectifiers Ltd (504036): 10%
- Omax Autos Ltd (520021): 10%
- Panth Infinity Ltd (539143): 5%
- Vintage Securities Ltd (531051): 2%
- Yuranus Infrastructure Ltd (536846): 2%
Compliance Requirements
- Trading members must implement revised price bands from July 31, 2025
- All trading systems must be updated to reflect new price band limits
- Clarifications can be sought from bse.surv@bseindia.com
Important Dates
- Effective Date: July 31, 2025
- Notice Date: July 30, 2025
Impact Assessment
The revised price bands will affect daily trading volatility limits for these securities. Tighter bands (2%) for three companies suggest increased surveillance due to volatility concerns, while wider bands (5-10%) for others may facilitate normal price discovery. Trading members and investors should adjust their strategies accordingly.
Impact Justification
Price band changes affect trading volatility limits for seven securities, with moderate market impact