Description

BSE announces price band changes for 95 securities with varied percentage bands ranging from 2% to 20%, effective from August 11, 2025.

Summary

BSE has announced price band revisions for 95 securities effective from August 11, 2025. The revised price bands range from 2% to 20%, with most securities being assigned a 5% price band. This measure is part of BSE’s market surveillance and risk management framework to control excessive volatility in specific stocks.

Key Points

  • 95 securities will have revised price bands effective August 11, 2025
  • Price band percentages vary: 2% (4 stocks), 5% (73 stocks), 10% (8 stocks), and 20% (10 stocks)
  • Most restrictive 2% bands applied to India Lease Development Ltd, Norben Tea & Exports Ltd, Swagtam Trading & Services Ltd, and Times Guaranty Ltd
  • Most volatile 20% bands assigned to companies including Ashima Ltd, Danlaw Technologies, Everest Industries, and others
  • Changes affect equity segment trading

Regulatory Changes

Price band mechanisms serve as circuit breakers to prevent excessive price volatility during trading sessions. The revision indicates BSE’s assessment of individual stock volatility patterns and risk profiles.

Compliance Requirements

  • Trading members must ensure compliance with revised price bands from August 11, 2025
  • All trading systems must be updated to reflect new price band parameters
  • Members can seek clarifications at bse.surv@bseindia.com

Important Dates

  • Effective Date: August 11, 2025
  • Notice Date: August 8, 2025
  • Notice Number: 20250808-45

Impact Assessment

Market Impact: Medium - affects intraday trading ranges for 95 securities, potentially reducing volatility for stocks with tighter bands and allowing higher movements for those with wider bands.

Operational Impact: Trading members need to update their risk management systems and inform clients about the changed trading parameters for affected securities.

Impact Justification

Affects trading parameters for 95 securities with direct impact on daily price movements and trading volatility