Description
BSE revises price bands for 99 securities ranging from 2% to 20%, effective September 1, 2025.
Summary
BSE has revised price bands for 99 securities effective September 1, 2025. The price bands range from 2% to 20%, with most securities having 5% price bands. This is a routine surveillance measure to control excessive price volatility.
Key Points
- 99 securities will have revised price bands effective September 1, 2025
- Price bands range from 2% (lowest) to 20% (highest)
- Majority of securities (65 out of 99) will have 5% price bands
- 15 securities will have 20% price bands
- 10 securities will have 10% price bands
- Only one security (Elango Industries) will have the lowest 2% price band
Regulatory Changes
Price band revisions are surveillance measures implemented to:
- Control excessive price volatility
- Protect investors from sudden price movements
- Maintain orderly trading in volatile securities
Compliance Requirements
- Trading members must ensure compliance with revised price bands from September 1, 2025
- All trades must be executed within the specified price band limits
- System updates may be required to reflect new price band parameters
Important Dates
- Effective Date: September 1, 2025
- Notice Date: August 29, 2025
Impact Assessment
The price band revisions will:
- Limit intraday price movements for affected securities
- Potentially reduce trading volumes in highly volatile stocks
- Provide increased price stability and investor protection
- Require system updates by trading members and market participants
Impact Justification
Moderate impact as price band changes affect trading parameters for 99 securities but are routine surveillance measures