Description
BSE revises price bands for 99 scrips with effect from September 1, 2025, with bands ranging from 2% to 20%.
Summary
BSE has announced revision of price bands for 99 securities effective from September 1, 2025. The price bands range from 2% to 20%, indicating varying levels of volatility control measures being applied to these scrips.
Key Points
- 99 securities will have revised price bands effective September 1, 2025
- Price bands range from 2% (Elango Industries) to 20% (multiple securities)
- Most securities (approximately 60%) have been assigned a 5% price band
- Changes apply to equity segment trading
- Notice issued on August 29, 2025
Regulatory Changes
Price band revisions represent enhanced surveillance measures to control excessive volatility in specific securities. The bands limit daily price movement within specified percentages.
Compliance Requirements
- Trading members must ensure compliance with revised price bands
- All trades must execute within the new price band limits
- System updates required before September 1, 2025 effective date
Important Dates
- Notice Date: August 29, 2025
- Effective Date: September 1, 2025
Impact Assessment
The price band revisions will limit intraday volatility for the affected securities, providing better price discovery and risk management. Securities with tighter bands (2-5%) may see reduced speculative activity, while those with 20% bands still allow significant price movement. This measure enhances market stability for these particular scrips while maintaining liquidity.
Impact Justification
Affects 99 securities with revised price bands for risk management, moderate market impact