Description
BSE revises price bands for 13 scrips with effect from September 11, 2025, with bands ranging from 2% to 20%.
Summary
BSE has revised price bands for 13 securities effective September 11, 2025. The price bands range from 2% to 20%, with most securities having restrictive bands of 5% or lower to control volatility.
Key Points
- 13 scrips affected by price band revisions
- Changes effective from September 11, 2025
- Price bands range from 2% (most restrictive) to 20%
- Majority of securities (8 out of 13) have 5% price bands
- Notice issued under BSE surveillance department
Regulatory Changes
Price band modifications for the following securities:
- Ahmedabad Steelcraft Ltd: 5% band
- Covance Softsol Ltd: 20% band (highest)
- Cropster Agro Ltd: 5% band
- Fynx Capital Ltd: 2% band (most restrictive)
- Himalaya Food International Ltd: 5% band
- Refex Renewables & Infrastructure Ltd: 2% band (most restrictive)
- S.A.L. Steel Ltd: 5% band
- Sarveshwar Foods Ltd: 10% band
- Scarnose International Ltd: 5% band
- Sea TV Network Ltd: 2% band (most restrictive)
- Smruthi Organics Ltd: 10% band
- Toyam Sports Ltd: 5% band
- Vama Industries Ltd: 5% band
Compliance Requirements
- Trading members must adhere to revised price bands from September 11, 2025
- All trades in affected securities must comply with new price movement limits
- Members can seek clarifications at bse.surv@bseindia.com
Important Dates
- Notice Date: September 10, 2025
- Effective Date: September 11, 2025
Impact Assessment
The price band revisions will limit daily price volatility for these securities. Securities with 2% bands (Fynx Capital, Refex Renewables, Sea TV Network) face the most restrictive trading conditions, while Covance Softsol with 20% band has the most trading flexibility. This measure enhances market stability and protects investors from excessive price fluctuations.
Impact Justification
Price band changes affect trading volatility and investor risk exposure for 13 securities