Description
BSE announces revised price bands for nine securities including Bemco Hydraulics, BLT Logistics, Essex Marine, and six other companies.
Summary
BSE has announced revised price bands for nine securities effective August 26, 2025. The changes involve tightening price bands to 2%, 5%, or 20% for various companies as part of surveillance measures.
Key Points
- Nine securities will have their price bands revised from existing levels
- Changes take effect from August 26, 2025
- Price bands range from 2% to 20% depending on the security
- Surveillance department issued the circular on August 25, 2025
Securities Affected
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 522650 | Bemco Hydraulics Ltd | 2% |
| 544474 | BLT Logistics Ltd | 20% |
| 544475 | Essex Marine Ltd | 20% |
| 541983 | Innovative Ideals and Services (India) Ltd | 5% |
| 517044 | International Data Management Ltd | 5% |
| 533289 | Kesar Terminals & Infrastructure Ltd | 2% |
| 540901 | Praxis Home Retail Ltd | 2% |
| 544327 | Technichem Organics Ltd | 5% |
| 531015 | Venmax Drugs and Pharmaceuticals Ltd | 5% |
Compliance Requirements
- Trading members must implement the revised price bands from August 26, 2025
- Members can seek clarifications by writing to bse.surv@bseindia.com
Important Dates
- Effective Date: August 26, 2025
- Notice Date: August 25, 2025
Impact Assessment
The revised price bands will limit daily price movements for these securities, potentially reducing volatility and providing additional risk controls. Companies with tighter 2% bands may experience more restricted trading ranges compared to those with 20% bands.
Impact Justification
Price band changes affect trading volatility and risk controls for multiple securities