Description

BSE announces revised price bands for 68 securities with varying percentage limits from 2% to 20%, effective August 4, 2025.

Summary

BSE has announced revisions to price bands for 68 securities across various sectors, effective from August 4, 2025. The revised price bands range from 2% to 20%, representing changes from existing levels to enhance market surveillance and trading controls.

Key Points

  • 68 securities will have revised price bands effective August 4, 2025
  • Price band percentages vary: 2% (2 securities), 5% (35 securities), 10% (16 securities), and 20% (15 securities)
  • Changes affect securities across multiple sectors including pharmaceuticals, textiles, automotive, and technology
  • Most restrictive 2% bands applied to Desh Rakshak Aushdhalaya Ltd and Vikram Aroma Ltd
  • Most liberal 20% bands applied to 15 securities including Alliance Integrated Metaliks, Alphalogic Industries, and others

Regulatory Changes

Price band adjustments represent enhanced surveillance measures to control excessive price volatility and ensure orderly trading in the specified securities.

Compliance Requirements

  • Trading members must adhere to the revised price bands from August 4, 2025
  • All trading systems must be updated to reflect the new price band limits
  • Members requiring clarification should contact bse.surv@bseindia.com

Important Dates

  • Notice Date: August 1, 2025
  • Effective Date: August 4, 2025

Impact Assessment

The revised price bands will impact daily trading ranges for the affected securities, potentially reducing intraday volatility while maintaining market liquidity. Securities with tighter bands (2%-5%) may experience more controlled price movements, while those with wider bands (20%) retain greater flexibility for price discovery.

Impact Justification

Affects trading parameters for 68 securities with potential impact on price discovery and volatility containment