Description
BSE announces revised price bands ranging from 2% to 20% for 17 securities across various sectors, effective from October 9, 2025.
Summary
BSE has revised price bands for 17 securities with effect from October 9, 2025. The revised bands range from 2% (most restrictive) to 20% (widest), affecting companies across various sectors. The changes are implemented by BSE’s Surveillance department to regulate price movements in these scrips.
Key Points
- 17 securities have revised price bands effective October 9, 2025
- Price bands range from 2% to 20% depending on the security
- 8 securities assigned restrictive 2% price band
- 4 securities assigned 5% price band
- 1 security assigned 10% price band (Shankara Building Products Ltd)
- 2 securities assigned widest 20% price band (Sampat Aluminium Ltd and VMS TMT Ltd)
- Notice issued by BSE Surveillance department
- Clarifications to be directed to bse.surv@bseindia.com
Regulatory Changes
No new regulatory framework introduced. This circular implements existing price band mechanism as a surveillance tool to control excessive price volatility in specific securities.
Compliance Requirements
- Trading members must comply with revised price bands from October 9, 2025
- All trades in the mentioned securities must adhere to new percentage limits
- Members should update their trading systems to reflect new price band parameters
Important Dates
- Notice Date: October 8, 2025
- Effective Date: October 9, 2025
Impact Assessment
The revised price bands will directly impact trading liquidity and volatility in the affected securities:
- Restrictive bands (2%): Applied to 8 securities including India Steel Works, Jayabharat Credit, Kashyap Tele-Medicines, indicating heightened surveillance concerns
- Moderate bands (5%): Applied to AAA Technologies, MSR India, Sigma Solve, Tamilnadu Telecommunications, and Valencia Nutrition
- Wider band (10%): Applied to Shankara Building Products, allowing moderate price discovery
- Widest bands (20%): Applied to Sampat Aluminium and VMS TMT, suggesting either improved fundamentals or need for broader trading range
Traders and investors in these securities should expect limited intraday price movements, which may affect short-term trading strategies and liquidity.
Detailed List of Securities
| Scrip Code | Company Name | Revised 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% |
Impact Justification
Price band revisions affect trading volatility controls for 17 securities, with bands ranging from restrictive 2% to wider 20%, indicating varying levels of surveillance concern.