Description

BSE announces revised price band percentages for 20 securities ranging from 2% to 20%, effective from October 17, 2025.

Summary

BSE has revised price bands for 20 securities effective October 17, 2025. The revised bands range from 2% (most restrictive) to 20%, replacing their existing levels. This circular updates trading parameters under BSE’s surveillance framework to manage price volatility in these scrips.

Key Points

  • 20 securities will have revised price bands effective October 17, 2025
  • Price bands range from 2% to 20% depending on the security
  • Most restrictive 2% band applied to: Chandrima Mercantiles, Inter Globe Finance, Mirc Electronics, Titan Biotech, and Triton Corp
  • 5% band applied to: Gujarat Lease Financing, Lyons Corporate Market, Onix Solar Energy, Raj Packaging Industries, Tasty Dairy Specialities, Titan Intech, and Twamev Construction
  • 10% band applied to: Bits Ltd, Earthstahl & Alloys, and Garnet Construction
  • 20% band (most relaxed) applied to: Chatterbox Technologies, Earkart, Gujarat Peanut And Agri Products, Jinkushal Industries, and Telge Projects
  • Members can seek clarifications at bse.surv@bseindia.com

Regulatory Changes

Price band adjustments represent enhanced surveillance measures under BSE’s market monitoring framework. Tighter price bands (2-5%) indicate heightened surveillance for certain securities, limiting maximum price movement allowed in a single trading day.

Compliance Requirements

  • Trading members must implement revised price bands in their trading systems before market opening on October 17, 2025
  • All orders for affected securities must comply with new price band limits
  • Members should ensure their risk management systems reflect updated parameters

Important Dates

  • Notice Date: October 16, 2025
  • Effective Date: October 17, 2025

Impact Assessment

Market Impact: Medium - Affects trading dynamics for 20 securities by limiting intraday price movement ranges. Tighter bands (2-5%) will reduce volatility but may also impact liquidity and price discovery.

Operational Impact: Trading members must update systems before October 17, 2025. Orders exceeding revised price bands will be rejected, requiring traders to adjust their strategies for affected securities.

Investor Impact: Investors in these securities will experience restricted price movements, providing protection against excessive volatility but potentially limiting profit opportunities in volatile market conditions.

Impact Justification

Affects trading volatility limits for 20 securities with tighter price bands imposed on several stocks, indicating enhanced surveillance measures to control price movements.