Description
BSE announces revised price bands for 102 securities with new percentage limits ranging from 2% to 20%, effective August 25, 2025.
Summary
BSE has announced changes in price bands for 102 securities effective August 25, 2025. The revised price bands range from 2% to 20%, with most securities having a 5% price band limit. This measure affects trading parameters and volatility controls for these securities.
Key Points
- 102 securities will have revised price bands effective August 25, 2025
- Price band percentages range from 2% to 20%
- Most securities (majority) are set to 5% price band
- Some high-risk securities have 20% price bands
- Few securities have restrictive 2% price bands
- Changes apply to equity segment trading
Regulatory Changes
Price band revisions represent enhanced surveillance measures to control excessive volatility in specific securities. The differentiated approach with varying percentages indicates risk-based categorization of securities.
Compliance Requirements
- Trading members must ensure compliance with new price band limits
- Orders exceeding the revised price bands will be rejected
- Risk management systems must be updated to reflect new parameters
- Market surveillance will monitor adherence to revised bands
Important Dates
- Effective Date: August 25, 2025
- Notice Date: August 22, 2025
Impact Assessment
The price band changes will impact trading dynamics for affected securities by limiting intraday price movements. Securities with tighter bands (2%) will have reduced volatility, while those with wider bands (20%) allow for greater price discovery. This measure enhances market stability while maintaining liquidity for legitimate trading activities.
Impact Justification
Affects trading parameters for 102 securities with revised price bands that could impact volatility and trading patterns