Description

BSE has revised price bands for 14 scrips effective October 15, 2025, with bands ranging from 2% to 20% based on surveillance requirements.

Summary

BSE has announced revisions to price bands for 14 securities effective October 15, 2025. The changes modify the daily price movement limits from their existing levels, with new bands ranging from 2% to 20%. These adjustments are part of BSE’s surveillance measures to manage trading volatility in these scrips.

Key Points

  • 14 securities will have revised price bands effective October 15, 2025
  • Price bands range from 2% (most restrictive) to 20% (least restrictive)
  • 4 securities have 2% price bands: Shree Krishna Paper Mills, Systematix Securities, Women Networks
  • 2 securities revised to 5% bands: Angel Fibers, Cambridge Technology, Century Extrusions, Finelistings Technologies, Getalong Enterprise, Nagreeka Capital
  • 3 securities have 10% bands: Regent Enterprises, True Colors, We Win
  • 2 securities have 20% bands: Aptus Pharma, Bharatrohan Airborne Innovations
  • Trading members have been notified through BSE surveillance department

Regulatory Changes

No new regulatory framework introduced. This circular implements existing BSE surveillance mechanisms for managing price volatility in specific securities based on market conditions and trading patterns.

Compliance Requirements

  • Trading members must implement revised price bands in their trading systems before market opening on October 15, 2025
  • All trades must comply with the new price band limits from the effective date
  • Members requiring clarification should contact bse.surv@bseindia.com

Important Dates

  • Notice Date: October 14, 2025
  • Effective Date: October 15, 2025

Impact Assessment

Market Impact: Securities with tighter bands (2-5%) will experience restricted price movements, potentially reducing intraday volatility but possibly affecting liquidity. Securities moving to wider bands (20%) indicate reduced surveillance concerns.

Trading Impact: Investors and traders must adjust their strategies based on new daily movement limits. Tighter bands may trigger circuit filters more frequently, while wider bands allow greater price discovery.

Operational Impact: Trading members must update risk management systems and ensure surveillance filters reflect the new price bands before market opening on October 15, 2025.

Impact Justification

Price band changes affect trading volatility limits for 14 securities, impacting investor trading strategies and risk management. Changes range from tight 2% bands to relaxed 20% bands.