Description
BSE revises price bands for 15 equity scrips effective October 23, 2025, with bands ranging from 5% to 20% based on surveillance requirements.
Summary
BSE has revised price bands for 15 equity scrips effective from October 23, 2025. The revised price bands range from 5% to 20%, applied as surveillance measures to control excessive volatility in these securities. Trading members are required to ensure compliance with the new price band limits during trading operations.
Key Points
- Price bands revised for 15 equity scrips effective October 23, 2025
- Revised price bands include: 5% (8 scrips), 10% (3 scrips), and 20% (4 scrips)
- Surveillance measure to control volatility in specific securities
- Trading members must adhere to new price band limits
- Clarifications can be addressed to bse.surv@bseindia.com
Regulatory Changes
BSE Surveillance has revised price bands from existing levels for the following scrips:
5% Price Band (8 scrips):
- Choksi Asia Ltd (530427)
- Earkart Ltd (544549)
- Gujarat Raffia Industries Ltd (523836)
- Hybrid Financial Services Ltd (500262)
- Ironwood Education Ltd (508918)
- Kore Foods Ltd (500458)
- Mystic Electronics Ltd (535205)
- Nilachal Carbo Metalicks Ltd (544510)
- Travels & Rentals Ltd (544242)
10% Price Band (3 scrips):
- Golkunda Diamonds & Jewellery Ltd (523676)
- Jayant Infratech Ltd (543544)
- Sodhani Capital Ltd (544560)
20% Price Band (4 scrips):
- Dhillon Freight Carrier Ltd (544556)
- Fabtech Technologies Ltd (544558)
- Om Metallogic Ltd (544559)
Compliance Requirements
- Trading members must ensure all trades in the affected scrips comply with the revised price band limits
- Price movements beyond the specified percentage bands will not be permitted
- Members should update their trading systems to reflect the new price band parameters before October 23, 2025
- Any clarifications required should be directed to bse.surv@bseindia.com
Important Dates
- Notice Date: October 21, 2025
- Effective Date: October 23, 2025
Impact Assessment
Market Impact: Medium - The price band revisions will restrict intraday price movements for the affected 15 scrips, potentially reducing trading volumes and liquidity in these securities. The tighter bands (5% and 10%) indicate heightened surveillance concerns.
Trading Impact: Trading activity in these scrips will be constrained within the specified price bands, which may affect short-term trading strategies and volatility-based positions.
Investor Protection: The measure aims to protect investors from excessive price volatility and potential manipulation in these securities, which are likely under surveillance due to unusual price movements or other concerns.
Impact Justification
Price band revisions affect trading dynamics for 15 scrips but are routine surveillance measures to manage volatility and protect investors in specific securities.