Description
BSE announces revised price band percentages for 27 scrips ranging from 2% to 20%, effective from October 16, 2025, impacting trading volatility limits.
Summary
BSE has announced revised price bands for 27 securities effective from October 16, 2025. The price bands have been modified from their existing levels, with new limits ranging from 2% to 20% depending on the scrip. This surveillance measure affects the maximum allowable price movement for these securities during trading sessions.
Key Points
- 27 scrips will have revised price bands effective October 16, 2025
- Price band percentages vary: 2% (2 scrips), 5% (16 scrips), 10% (3 scrips), and 20% (6 scrips)
- Changes implemented as part of BSE’s surveillance measures
- Trading members notified through Notice No. 20251015-33
- Clarifications can be sought at bse.surv@bseindia.com
Regulatory Changes
The Exchange has revised price band limits for the following categories:
2% Price Band:
- Magnus Steel and Infra Ltd (517320)
- Mahaveer Infoway Ltd (539383)
5% Price Band:
- Akshar Spintex Ltd (541303)
- Cubical Financial Services Ltd (511710)
- Ishan Dyes and Chemicals Ltd (531109)
- Jeevan Scientific Technology Ltd (538837)
- Mizzen Ventures Ltd (531537)
- Palred Technologies Ltd (532521)
- Rajnish Retail Ltd (530525)
- S. V. J. Enterprises Ltd (543799)
- Sanathnagar Enterprises Ltd (509423)
- Stallion India Fluorochemicals Ltd (544342)
- Sujala Trading & Holdings Ltd (539117)
- Tarapur Transformers Ltd (533203)
- Trio Mercantile & Trading Ltd (534755)
- Vinayak Polycon International Ltd (534639)
- We Win Ltd (543535)
- Zenith Steel Pipes & Industries Ltd (531845)
- Zinema Media And Entertainment Ltd (538579)
10% Price Band:
- Deep Diamond India Ltd (539559)
- GM Breweries Ltd (507488)
- Travels & Rentals Ltd (544242)
20% Price Band:
- BMW Ventures Ltd (544543)
- Justo Realfintech Ltd (544542)
- Praruh Technologies Ltd (544538)
- Solvex Edibles Ltd (544539)
- Systematic Industries Ltd (544541)
Compliance Requirements
- Trading members must implement the revised price bands in their trading systems before market opening on October 16, 2025
- All trades in the affected scrips must comply with the new price band limits
- Members should ensure their risk management systems are updated to reflect the new volatility limits
- Any clarifications required should be directed to bse.surv@bseindia.com
Important Dates
- Notice Date: October 15, 2025
- Effective Date: October 16, 2025
Impact Assessment
Market Impact: The revision of price bands affects intraday volatility limits for 27 securities. Tighter price bands (2% and 5%) will restrict price movements and may reduce speculative activity, while wider bands (20%) allow for greater price discovery but may increase volatility risk.
Trading Impact:
- Securities with narrower bands (2-5%) will have limited intraday price movement, potentially affecting liquidity
- Securities with 20% bands may experience higher volatility and trading opportunities
- Risk management systems need recalibration for affected scrips
- Circuit breakers will trigger more frequently for securities with tighter bands
Operational Impact: Trading members must update their systems and inform clients about the new trading limits for these securities to avoid order rejections or unexpected circuit breaker triggers.
Impact Justification
Affects trading volatility controls for 27 securities with price bands ranging from 2% to 20%, impacting intraday trading limits and risk management for these specific scrips.