Description

BSE updates the list of securities subject to Add-on Price Band framework, including 45 scrips across various sectors with enhanced surveillance measures.

Summary

BSE has published an updated list of 45 securities that are subject to the Add-on Price Band Framework. This surveillance measure applies additional price movement restrictions to specific securities to curb excessive volatility and protect investor interests. The framework is part of BSE’s enhanced surveillance mechanisms for securities that exhibit unusual price movements or trading patterns.

Key Points

  • 45 securities are currently under the Add-on Price Band Framework
  • List includes companies across various sectors including finance, manufacturing, real estate, and infrastructure
  • Securities include AAYUSH WELLNESS LIMITED (539528), ACE SOFTWARE EXPORTS LTD (531525), APIS INDIA LTD (506166), and 42 others
  • Each security is identified by scrip code, ISIN number, and company name
  • Framework applies enhanced price band restrictions beyond normal circuit filters
  • Measure is part of BSE’s surveillance and risk management system

Regulatory Changes

No new regulatory changes introduced. This is an updated list of securities already subject to the existing Add-on Price Band Framework established by BSE for enhanced surveillance purposes.

Compliance Requirements

  • Trading members must be aware of securities under Add-on Price Band Framework
  • Orders in these securities will be subject to additional price band restrictions
  • Investors should note the enhanced surveillance status when trading these scrips
  • Market participants must comply with the special trading rules applicable to these securities

Important Dates

  • Circular Date: November 3, 2025
  • Effective Date: Applicable immediately for all listed securities in the framework

Impact Assessment

Trading Impact: Investors and traders dealing in these 45 securities will face additional price band restrictions, which may limit intraday price movements and reduce liquidity in some cases.

Market Operations: The framework helps maintain orderly market conditions by preventing excessive speculation and volatility in vulnerable securities.

Investor Protection: Enhanced surveillance protects retail investors from potential manipulation or excessive price swings in these securities.

Liquidity Considerations: Some securities may experience reduced trading volumes due to stricter price movement limits, affecting market depth and execution efficiency.

Impact Justification

Affects trading in 45 securities with price band restrictions; impacts investors and traders in these specific scrips but limited to smaller-cap stocks