Description
BSE revises price bands for 61 securities across various percentage limits (2%, 5%, 10%, and 20%) with effect from October 13, 2025.
Summary
BSE has revised price bands for 61 securities effective October 13, 2025. The price bands have been adjusted to various levels: 2%, 5%, 10%, and 20%, depending on the security. This surveillance measure is implemented to control excessive price volatility and protect investor interests. Trading members are required to ensure compliance with the new price band restrictions from the effective date.
Key Points
- 61 securities will have revised price bands effective October 13, 2025
- Price band restrictions vary: 1 security at 2%, 30 securities at 5%, 11 securities at 10%, and 19 securities at 20%
- Most affected securities are in small and mid-cap segments
- Notice number: 20251010-60 dated October 10, 2025
- Category: Trading - Equity Segment
- Queries can be directed to bse.surv@bseindia.com
Regulatory Changes
BSE Surveillance Department has implemented revised price band restrictions as a market safety measure. Price bands limit the maximum price movement (up or down) a stock can experience in a single trading session. The stricter bands (2%, 5%) indicate higher surveillance concerns, while wider bands (20%) allow more price discovery while still maintaining some control.
Compliance Requirements
- Trading members must update their trading systems to reflect the new price bands before October 13, 2025
- Orders exceeding the revised price band limits will be rejected
- Members should inform their clients about the revised price band restrictions for affected securities
- Surveillance team contact: bse.surv@bseindia.com for clarifications
Important Dates
- Notice Date: October 10, 2025
- Effective Date: October 13, 2025
Impact Assessment
Market Impact: Medium - The revised price bands will restrict intraday price movements for 61 securities, potentially reducing speculative trading and volatility. Tighter bands (2-5%) suggest elevated surveillance concerns for those specific stocks.
Trading Impact: Traders and investors in these securities will face stricter price movement limits, which may impact liquidity and price discovery in the short term. Day traders and momentum traders will be particularly affected.
Investor Protection: The measure aims to protect retail investors from excessive volatility and potential price manipulation in these securities, most of which are small/mid-cap stocks with lower liquidity.
Detailed List of Affected Securities
2% Price Band (1 security)
- Virat Industries Ltd (533252)
5% Price Band (30 securities)
Includes A2Z Infra Engineering, Abate As Industries, Andhra Cements, Aplab, Concord Drugs, Excel Realty N Infra, Gratex Industries, Indiabulls Enterprises, Indokem, Jainex Aamcol, Kalpa Commercial, Kesar Enterprises, Kuber Udyog, Landmarc Leisure Corporation, Mediaone Global Entertainment, Murae Organisor, New Light Apparels, Nidhi Granites, Omni AXs Software, Oswal Yarns, Panther Industrial Products, Rapicut Carbides, Sadhana Nitro Chem, SBEC Systems India, Sharma East India Hospitals, Soni Medicare, Spice Islands Industries, Spice Lounge Food Works, Stellant Securities, Trustwave Securities, Umiya Tubes, Welspun Investments and Commercials, and Yash Trading & Finance.
10% Price Band (11 securities)
Includes Aten Papers & Foam, Billwin Industries, Brahmaputra Infrastructure, Century Extrusions, Cubex Tubings, Lyons Corporate Market, Mayur Leather Products, Raj Packaging Industries, and Zinema Media And Entertainment.
20% Price Band (19 securities)
Includes Active Clothing Co, Alfa Ica India, Dev Labtech Venture, Digicontent, Dreamfolks Services, Exhicon Events Media Solutions, Fluidomat, Garnet Construction, Ind-Swift Laboratories, Magna Electro Castings, Nath Bio-Genes (India), PPAP Automotive, Samyak International, Satchmo Holdings, Sri Havisha Hospitality And Infrastructure, Uma Exports, and Universus Photo Imagings.
Impact Justification
Affects 61 securities with tighter price bands to control volatility. Medium impact as most stocks are small/mid-cap with limited daily trading volumes.