Description
BSE announces revised price bands for 12 securities including Alan Scott Enterprises, Clinitech Laboratory, and Davangere Sugar Company, effective August 20, 2025.
Summary
BSE has revised price bands for 12 securities effective August 20, 2025. The revisions range from 2% to 20% bands, with most securities receiving moderate band adjustments to manage trading volatility.
Key Points
- 12 securities affected with price band revisions
- Changes effective from August 20, 2025
- Price bands range from 2% to 20%
- Davangere Sugar Company receives highest band at 20%
- Multiple securities receive 2% bands (most restrictive)
Regulatory Changes
Price band percentages have been adjusted for enhanced surveillance and risk management:
- 2% bands: Alan Scott Enterprises, Shree Pacetronix, Vashu Bhagnani Industries
- 5% bands: Clinitech Laboratory, Pradhin, Quantum Digital Vision, Tree House Education
- 10% bands: Davin Sons Retail, Jeena Sikho Lifecare, Palco Metals, Sharma East India Hospitals
- 20% band: Davangere Sugar Company
Compliance Requirements
- Trading members must implement revised price bands from August 20, 2025
- All trading systems must be updated to reflect new band limits
- Members can contact bse.surv@bseindia.com for clarifications
Important Dates
- Effective Date: August 20, 2025
- Notice Date: August 19, 2025
Impact Assessment
The price band revisions will limit daily price movements for these securities, potentially reducing volatility but also restricting price discovery. Securities with 2% bands face the most restrictive trading environment, while Davangere Sugar Company’s 20% band allows for significant price movement.
Impact Justification
Price band changes affect trading volatility and investor access for multiple securities