Description
BSE announces revised price bands for 27 securities ranging from 2% to 20%, effective from August 21, 2025.
Summary
BSE has announced revisions to price bands for 27 securities, effective from August 21, 2025. The price bands range from 2% to 20%, with most securities receiving restrictive bands of 2% or 5%. This measure is part of BSE’s surveillance activities to manage volatility and trading risks.
Key Points
- 27 securities will have revised price bands effective August 21, 2025
- Price bands range from 2% (most restrictive) to 20%
- Most securities (11 out of 27) receive 2% price bands
- 8 securities get 5% price bands
- 4 securities receive 10% price bands
- 4 securities get 20% price bands
- Changes are implemented as part of surveillance measures
Regulatory Changes
Price band restrictions have been modified for the listed securities, which will limit the maximum price movement (both upward and downward) during trading sessions to the specified percentages.
Compliance Requirements
- Trading members must ensure compliance with the revised price bands
- All trading systems must be updated to reflect the new price band limits
- Members can seek clarifications at bse.surv@bseindia.com
Important Dates
- Effective Date: August 21, 2025
- Notice Date: August 20, 2025
Impact Assessment
Market Impact: Medium - The revised price bands will restrict price volatility for 27 securities, potentially reducing liquidity but providing stability. Securities with 2% bands face the most restrictive trading environment.
Operational Impact: Trading members need to update their systems and risk management parameters to accommodate the new price band limits before the effective date.
Impact Justification
Affects 27 securities with varied price band restrictions, potentially impacting trading liquidity and volatility for these stocks