Description

BSE announces price band revisions for 42 securities ranging from 2% to 10%, effective from September 9, 2025.

Summary

BSE has announced price band revisions for 42 securities effective from September 9, 2025. The revised price bands range from 2% to 10%, with most securities being assigned a 5% price band. This measure is part of BSE’s surveillance framework to manage trading volatility and risk.

Key Points

  • 42 securities will have revised price bands effective September 9, 2025
  • Price bands range from 2% (lowest) to 10% (highest)
  • Majority of securities (28 out of 42) are assigned a 5% price band
  • 6 securities get 2% price band, 8 securities get 10% price band
  • Changes are part of surveillance measures to control volatility

Regulatory Changes

  • Price bands revised from existing levels for enhanced risk management
  • Securities with 2% price band: Andhra Cements, Filtron Engineers, Omni AXs Software, Panther Industrial Products, Spice Islands Industries
  • Securities with 10% price band: Barak Valley Cements, Frontier Capital, Jai Corp, MIC Electronics, PVP Ventures, S.A.L. Steel, Stallion India Fluorochemicals, Surana Telecom and Power
  • All other 28 securities assigned 5% price band

Compliance Requirements

  • Trading members must implement revised price bands from September 9, 2025
  • All trading systems must be updated to reflect new price band limits
  • Members can contact bse.surv@bseindia.com for clarifications
  • Compliance with new price bands mandatory for all equity segment trading

Important Dates

  • Effective Date: September 9, 2025
  • Notice Date: September 8, 2025
  • Notice Number: 20250908-31

Impact Assessment

  • Trading Impact: Reduced volatility for securities with tighter price bands (2%)
  • Market Liquidity: May affect intraday trading volumes for affected securities
  • Risk Management: Enhanced surveillance and control over price movements
  • Investor Protection: Tighter bands provide additional safeguards against excessive volatility
  • Broker Operations: Requires system updates and risk parameter adjustments

Impact Justification

Price band changes affect trading volatility and risk management for 42 securities, impacting market participants' trading strategies