Description
BSE announces revised price bands for 9 securities including reductions to 2% for several companies and increases to 20% for logistics firms.
Summary
BSE has revised price bands for 9 securities effective August 26, 2025. The changes include significant reductions to 2% bands for several companies and increases to 20% for two logistics companies, indicating varying risk assessments.
Key Points
- 9 securities affected with price band revisions
- Changes effective from August 26, 2025
- Mix of band reductions (to 2%) and increases (to 20%)
- Surveillance measure to manage trading volatility
- Clarifications available at bse.surv@bseindia.com
Regulatory Changes
Price band modifications represent enhanced surveillance measures:
- Bemco Hydraulics Ltd: Revised to 2% band
- BLT Logistics Ltd: Increased to 20% band
- Essex Marine Ltd: Increased to 20% band
- Four companies moved to 5% bands
- Two companies moved to 2% bands
Compliance Requirements
- Trading members must adhere to new price bands from August 26, 2025
- All trades must comply with revised volatility limits
- Members should update trading systems accordingly
- Contact surveillance team for clarifications
Important Dates
- August 25, 2025: Circular issued
- August 26, 2025: Revised price bands take effect
Impact Assessment
The price band changes indicate BSE’s risk-based approach to market surveillance. Companies with 2% bands face tighter trading controls, while 20% bands for logistics companies suggest higher volatility tolerance. This affects day trading strategies and investor behavior for these securities.
Impact Justification
Price band changes affect trading volatility limits for 9 securities, impacting investor trading strategies