Description
BSE revises price bands for two securities effective August 8, 2025 - Gayatri Sugars Ltd to 2% and Odyssey Corporation Ltd to 5%.
Summary
BSE has revised the price bands for two securities effective August 8, 2025. Gayatri Sugars Ltd (scrip code 532183) will have its price band reduced to 2%, while Odyssey Corporation Ltd (scrip code 531996) will have its price band increased to 5%.
Key Points
- Price band revisions effective from August 8, 2025
- Two securities affected: Gayatri Sugars Ltd and Odyssey Corporation Ltd
- Changes are part of surveillance measures
- Trading members notified through official circular
Regulatory Changes
- Gayatri Sugars Ltd (532183): Price band revised to 2%
- Odyssey Corporation Ltd (531996): Price band revised to 5%
- Changes implemented as surveillance measures
Compliance Requirements
- Trading members must implement revised price bands from August 8, 2025
- Members can seek clarification at bse.surv@bseindia.com
- All trading systems must be updated to reflect new price band limits
Important Dates
- Effective Date: August 8, 2025
- Notice Date: August 7, 2025
Impact Assessment
- Gayatri Sugars Ltd: Reduced price band to 2% may indicate increased volatility concerns or surveillance requirements
- Odyssey Corporation Ltd: Increased price band to 5% suggests relaxation of trading restrictions
- Impact on trading volumes and investor sentiment for both securities
- Risk management implications for traders and brokers
Impact Justification
Price band changes directly affect trading ranges for two securities, impacting trading strategies and risk management