Description
BSE revises price bands for 17 securities ranging from 2% to 20% with effect from October 09, 2025.
Summary
BSE has announced revisions to price bands for 17 securities effective from October 09, 2025. The revised price bands range from 2% to 20%, replacing existing levels. This surveillance measure is implemented to regulate price volatility and trading activity in the affected securities.
Key Points
- 17 securities will have revised price bands from October 09, 2025
- Price band restrictions vary: 2% (9 scrips), 5% (5 scrips), 10% (1 scrip), and 20% (2 scrips)
- Most restrictive bands (2%) applied to: Alan Scott Enterprises, Ambitious Plastomac, India Steel Works, Jayabharat Credit, Kashyap Tele-Medicines, SRM Energy, Triliance Polymers, U.H. Zaveri, and Universal Office Automation
- Highest bands (20%) applied to: Sampat Aluminium and VMS TMT
- Notice issued by BSE Surveillance department
- Queries to be directed to bse.surv@bseindia.com
Affected Securities
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 543671 | AAA Technologies Ltd | 5% |
| 539115 | Alan Scott Enterprises Ltd | 2% |
| 526439 | Ambitious Plastomac Company Ltd | 2% |
| 513361 | India Steel Works Ltd | 2% |
| 501311 | Jayabharat Credit Ltd | 2% |
| 531960 | Kashyap Tele-Medicines Ltd | 2% |
| 508922 | MSR India Ltd | 5% |
| 544520 | Sampat Aluminium Ltd | 20% |
| 540425 | Shankara Building Products Ltd | 10% |
| 543917 | Sigma Solve Ltd | 5% |
| 523222 | SRM Energy Ltd | 2% |
| 523419 | Tamilnadu Telecommunications Ltd | 5% |
| 509046 | Triliance Polymers Ltd | 2% |
| 541338 | U. H. Zaveri Ltd | 2% |
| 523519 | Universal Office Automation Ltd | 2% |
| 542910 | Valencia Nutrition Ltd | 5% |
| 544521 | VMS TMT Ltd | 20% |
Regulatory Changes
Price band modifications represent a surveillance measure under BSE’s framework to manage excessive volatility. The varying levels of restrictions (2%, 5%, 10%, 20%) suggest differentiated risk assessments for each security. Tighter bands limit daily price movements to prevent speculative trading and protect investor interests.
Compliance Requirements
- Trading members must ensure compliance with revised price bands from October 09, 2025
- All trading systems and risk management protocols must be updated to reflect new price limits
- Orders exceeding the revised price bands will be rejected
- Members requiring clarifications should contact BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: October 08, 2025
- Effective Date: October 09, 2025
Impact Assessment
Trading Impact: The revised price bands will restrict intraday price movements, particularly for the 9 securities with 2% bands. This will reduce volatility but may also impact liquidity and trading volumes.
Investor Impact: Investors holding these securities will experience limited price discovery and reduced ability to execute trades at desired prices during volatile market conditions. The restrictions may extend holding periods for those seeking exits.
Market Operations: Stricter price bands indicate heightened surveillance concerns, possibly due to unusual price movements, low liquidity, or corporate governance issues in these securities. The 20% bands on Sampat Aluminium and VMS TMT suggest these require broader trading ranges while still under monitoring.
Impact Justification
Price band revisions affect 17 securities with varying restrictions (2%-20%), indicating surveillance measures to control volatility. Medium impact as it affects trading activity and investor participation in these specific securities.