Description
BSE has revised price band limits for 13 securities effective September 3, 2025, with bands ranging from 2% to 20%.
Summary
BSE has announced revised price bands for 13 listed securities effective from September 3, 2025. The price bands have been adjusted to various levels ranging from 2% to 20%, with most securities being assigned bands of 2%, 5%, or 10%. The highest band of 20% has been assigned to Icodex Publishing Solutions Ltd.
Key Points
- Price band revisions for 13 securities effective September 3, 2025
- New price bands range from 2% to 20%
- Three securities assigned 2% band (most restrictive)
- Six securities assigned 5% band
- Three securities assigned 10% band
- One security assigned 20% band (least restrictive)
Regulatory Changes
The following securities have revised price bands:
- 2% Band: Gratex Industries Ltd, Kesar Enterprises Ltd, Sharma East India Hospitals & Medical Research Ltd
- 5% Band: Bharat Seats Ltd, Binny Mills Ltd, Cryogenic Ogs Ltd, Gujarat Credit Corporation Ltd, Humming Bird Education Ltd, Titan Biotech Ltd
- 10% Band: Apollo Micro Systems Ltd, Emmforce Autotech Ltd, Kaushalya Infrastructure Development Corporation Ltd
- 20% Band: Icodex Publishing Solutions Ltd
Compliance Requirements
Trading members must ensure their systems are updated to reflect the new price band limits before market opening on September 3, 2025. Any trades outside the revised bands will be rejected by the exchange system.
Important Dates
- Notice Date: September 2, 2025
- Effective Date: September 3, 2025
Impact Assessment
The price band revisions will impact trading volatility and liquidity in the affected securities. Tighter bands (2-5%) will restrict price movements and may reduce speculative trading, while wider bands (10-20%) allow for greater price discovery but potentially higher volatility. Traders and investors in these securities should adjust their trading strategies accordingly.
Impact Justification
Price band revisions affect trading volatility but are routine market operations