Description
BSE revises price bands for 11 scrips including Binny Mills, Focus Business Solution, and others with effect from August 12, 2025.
Summary
BSE has revised price bands for 11 scrips with effect from August 12, 2025. The changes range from 2% to 20% price bands, indicating varying levels of surveillance measures based on stock volatility and risk assessment.
Key Points
- Price band revisions effective from August 12, 2025
- 11 companies affected with bands ranging from 2% to 20%
- Monarch Surveyors and Praxis Home Retail receive highest 20% price bands
- Binny Mills and Mirc Electronics assigned 10% price bands
- Several companies receive lower 2% and 5% price bands
Regulatory Changes
Price band percentages have been adjusted for surveillance purposes:
- 20% bands: Monarch Surveyors, Praxis Home Retail
- 10% bands: Binny Mills, Mirc Electronics
- 5% bands: K&R Rail Engineering, Neil Industries, Southern Magnesium, Spice Islands
- 2% bands: Focus Business Solution, Kachchh Minerals, Shree Rajasthan Syntex
Compliance Requirements
- Trading members must adhere to revised price bands from August 12, 2025
- All trading in affected scrips must comply with new band limits
- Members can seek clarification at bse.surv@bseindia.com
Important Dates
- Effective Date: August 12, 2025
- Notice Date: August 11, 2025
Impact Assessment
Price band changes will limit daily price movements for these 11 stocks, potentially reducing volatility and speculative trading. Higher bands (20%) for Monarch and Praxis suggest greater surveillance concern, while lower bands indicate tighter control on price movements for risk management.
Impact Justification
Price band changes affect trading volatility for 11 stocks but are routine surveillance measures