Description
BSE announces revised price bands for 12 securities including Aditya Infotech, Chembond Chemicals, and Spandana Sphoorty Financial.
Summary
BSE has announced revised price bands for 12 securities effective August 6, 2025. The price bands range from 2% to 20%, with companies like Chembond Chemicals, Monika Alcobev, and Spandana Sphoorty Financial receiving the highest 20% price band restriction.
Key Points
- 12 securities will have revised price bands effective August 6, 2025
- Price bands range from 2% (most restrictive) to 20% (least restrictive)
- Changes are implemented as surveillance measures
- Trading members have been notified of these revisions
Regulatory Changes
- Price band restrictions updated for enhanced market surveillance
- New bands apply to both upward and downward price movements
- Measures aimed at controlling excessive volatility in identified securities
Compliance Requirements
- Trading members must implement revised price bands from August 6, 2025
- All trading systems must be updated to reflect new price band parameters
- Members can contact bse.surv@bseindia.com for clarifications
Important Dates
- Effective Date: August 6, 2025
- Notice Date: August 5, 2025
Impact Assessment
High Impact Securities (20% band):
- Chembond Chemicals Ltd (544450)
- Monika Alcobev Ltd (544451)
- Spandana Sphoorty Financial Ltd (751019)
Medium Impact Securities (10% band):
- Aditya Infotech Ltd (544466)
- Neil Industries Ltd (539016)
Low Impact Securities (2-5% band):
- Bisil Plast Ltd, Dharan Infra-EPC Ltd, Gujarat Natural Resources Ltd, Hindustan Fluorocarbons Ltd, SDC Techmedia Ltd, Viji Finance Ltd, Vineet Laboratories Ltd
These restrictions may limit trading flexibility but provide enhanced price stability and risk management.
Impact Justification
Price band changes affect trading parameters for 12 securities with varying levels of restriction from 2% to 20%