Description
BSE revises price bands for 11 securities including Binny Mills, Focus Business Solution, and others with new bands ranging from 2% to 20%.
Summary
BSE has revised price bands for 11 securities effective August 12, 2025. The new price bands range from 2% to 20%, replacing existing levels to manage trading volatility and surveillance measures.
Key Points
- 11 securities affected with revised price bands
- Changes effective from August 12, 2025
- Price bands range from 2% (minimum) to 20% (maximum)
- Monarch Surveyors and Praxis Home Retail receive highest 20% bands
- Several securities assigned restrictive 2% bands
Regulatory Changes
Price band revisions for the following securities:
- Binny Mills Ltd (535620): 10%
- Focus Business Solution Ltd (543312): 2%
- K&R Rail Engineering Ltd (514360): 5%
- Kachchh Minerals Ltd (531778): 2%
- Mirc Electronics Ltd (500279): 10%
- Monarch Surveyors and Engineering Consultants Ltd (544453): 20%
- Neil Industries Ltd (539016): 5%
- Praxis Home Retail Ltd (751023): 20%
- Shree Rajasthan Syntex Ltd (503837): 2%
- Southern Magnesium & Chemicals Ltd (513498): 5%
- Spice Islands Industries Ltd (526827): 5%
Compliance Requirements
- Trading members must ensure compliance with revised price bands
- All trading activity must adhere to new band limits from August 12, 2025
- Members can seek clarification at bse.surv@bseindia.com
Important Dates
- Notice Date: August 11, 2025
- Effective Date: August 12, 2025
Impact Assessment
The revised price bands will impact trading volatility and liquidity for affected securities. Tighter bands (2%) may reduce trading volumes while wider bands (20%) allow greater price movement. This surveillance measure aims to manage market risks and maintain orderly trading.
Impact Justification
Price band changes affect trading volatility and risk management for multiple securities