Description
BSE revises price bands for 11 scrips effective October 14, 2025, with bands ranging from 2% to 10% based on surveillance measures.
Summary
BSE has revised the price bands for 11 securities effective October 14, 2025. The revised bands range from 2% to 10%, reduced from their previous levels. This action is part of BSE’s surveillance measures to control volatility in these scrips.
Key Points
- 11 scrips will have revised price bands from October 14, 2025
- Price bands set at 2%, 5%, or 10% depending on the security
- Four scrips (Arunjyoti Bio Ventures, Gujarat Investa, Rajasthan Petro Synthetics, Vashu Bhagnani Industries) have the most restrictive 2% band
- Two scrips (Niraj Cement Structurals, Shiv Texchem) have 10% price bands
- Changes apply to the equity segment
- Notice number: 20251013-50
Securities Affected
| Sr. No. | Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|---|
| 1 | 530881 | Arunjyoti Bio Ventures Ltd | 2% |
| 2 | 511451 | Dharani Finance Ltd | 5% |
| 3 | 531341 | Gujarat Investa Ltd | 2% |
| 4 | 513554 | Mahamaya Steel Industries Ltd | 5% |
| 5 | 532986 | Niraj Cement Structurals Ltd | 10% |
| 6 | 532271 | Orchasp Ltd | 5% |
| 7 | 506975 | Rajasthan Petro Synthetics Ltd | 2% |
| 8 | 539922 | Rotographics (India) Ltd | 2% |
| 9 | 540132 | Sabrimala Industries India Ltd | 5% |
| 10 | 544272 | Shiv Texchem Ltd | 10% |
| 11 | 532011 | Vashu Bhagnani Industries Ltd | 2% |
Regulatory Changes
Price bands are being tightened from their existing levels as a surveillance mechanism. This limits the maximum price movement allowed in a single trading session, helping to curb excessive volatility and speculative trading.
Compliance Requirements
- Trading members must ensure all orders comply with the new price band limits
- Systems should be updated to reflect the revised bands before market open on October 14, 2025
- Members requiring clarification should contact bse.surv@bseindia.com
Important Dates
- Notice Date: October 13, 2025
- Effective Date: October 14, 2025
Impact Assessment
Trading Impact: The revised price bands will restrict intraday price movements, potentially reducing liquidity and increasing the time required for price discovery in these securities.
Market Participants: Traders and investors in these scrips will face tighter limits on daily price fluctuations. Day traders may find reduced profit opportunities, while long-term investors may experience less volatility.
Surveillance Context: The implementation of tighter price bands suggests these securities may have exhibited unusual price movements or volatility patterns that warranted enhanced surveillance measures.
Impact Justification
Price band revisions impact trading flexibility for 11 securities, indicating heightened surveillance. Traders in these scrips need to adjust strategies due to tighter price movement limits.