Description
BSE revises price bands for 20 securities effective September 10, 2025, with bands ranging from 2% to 20%.
Summary
BSE has revised price bands for 20 securities effective September 10, 2025. The changes include tightening bands to 2% for some securities and expanding bands up to 20% for others, indicating varying surveillance measures based on individual security characteristics.
Key Points
- 20 securities subject to revised price bands
- Changes effective from September 10, 2025
- Price bands range from 2% (tightest) to 20% (widest)
- Four securities reduced to 2% price band: Bizotic Commercial, Gagan Gases, Nutricircle, Oswal Overseas, Starcom Information Technology
- One security expanded to 20% price band: Patel Retail
- Remaining securities set to 5% or 10% price bands
Regulatory Changes
Price band adjustments represent surveillance measures to manage volatility and trading patterns in specific securities. Tighter bands (2%) indicate heightened surveillance, while wider bands (20%) may reflect improved trading characteristics.
Compliance Requirements
- Trading members must implement revised price bands from September 10, 2025
- All trading systems must be updated to reflect new price band limits
- Queries should be directed to bse.surv@bseindia.com
Important Dates
- Notice Date: September 9, 2025
- Effective Date: September 10, 2025
Impact Assessment
The price band revisions will affect trading volatility for the listed securities. Securities with tighter bands (2%) may experience reduced intraday price movements, while those with wider bands may see increased trading flexibility. The changes reflect BSE’s ongoing surveillance efforts to maintain orderly markets.
Impact Justification
Price band changes affect trading volatility for 20 securities, moderate impact on affected stocks