Description
BSE revises circuit filter percentage to 2% for multiple securities across various sectors including technology, pharmaceuticals, and manufacturing companies.
Summary
BSE has revised the circuit filter percentage to 2% for numerous securities across various sectors. The circular lists companies that will have their price bands adjusted to allow maximum daily price movements of 2% from the previous day’s closing price.
Key Points
- Circuit filter percentage revised to 2% for multiple securities
- Affects companies across technology, pharmaceuticals, manufacturing, and other sectors
- List includes over 60 companies with their respective scrip codes and ISIN numbers
- Includes companies like 3B Films Ltd, AA Plus Tradelink Ltd, Abate As Industries Ltd, and many others
Regulatory Changes
Price band mechanism adjusted to limit daily price fluctuations to 2% for the specified securities, replacing previous circuit filter percentages.
Compliance Requirements
- Trading members must ensure compliance with revised price bands
- Market participants should be aware of the new trading limits for affected securities
- Systems and risk management protocols may need updates to reflect new circuit filters
Important Dates
Effective date: August 6, 2025 (as per circular date)
Impact Assessment
The revision to 2% circuit filters will reduce price volatility for the affected securities, potentially improving market stability but may also limit price discovery during periods of significant news or market events. This affects trading strategies for institutional and retail investors dealing with these securities.
Impact Justification
Circuit filter revisions affect trading volatility and price discovery for multiple securities