Description

BSE revises price bands for 23 scrips ranging from 2% to 10%, effective November 6, 2025.

Summary

BSE has revised price bands for 23 securities effective November 6, 2025. The new price bands range from 2% to 10%, replacing existing levels. This is a surveillance measure to control volatility in these scrips. Trading members have been notified and can contact bse.surv@bseindia.com for clarifications.

Key Points

  • 23 scrips will have revised price bands from November 6, 2025
  • Price bands set at three levels: 2%, 5%, and 10%
  • 3 scrips assigned 2% band (most restrictive)
  • 13 scrips assigned 5% band
  • 7 scrips assigned 10% band (least restrictive among revised)
  • Notice issued under Equity Trading segment
  • Surveillance department contact: bse.surv@bseindia.com

Regulatory Changes

Price band revisions represent enhanced surveillance measures for the affected securities. The tighter bands (2%, 5%, 10%) limit daily price movement, reducing volatility and protecting investors from excessive speculation in these scrips.

Compliance Requirements

  • Trading members must implement revised price bands in their systems before November 6, 2025
  • Order placement and execution must comply with new price limits
  • Members should inform clients trading in these scrips about the revised bands
  • Any clarifications should be directed to bse.surv@bseindia.com

Important Dates

  • Notice Date: November 4, 2025
  • Effective Date: November 6, 2025

Impact Assessment

Market Impact: Limited to specific scrips; most are small-cap or less-liquid securities. Broader market unaffected.

Trading Impact: Significant for active traders in these securities. Tighter bands will:

  • Limit intraday price movement
  • Reduce speculation and volatility
  • May decrease liquidity further
  • Circuit breakers will trigger more frequently

Investor Impact: Provides greater price protection but may make entry/exit more difficult for position holders. Day traders will face restricted profit opportunities.

Affected Securities Detail

2% Price Band (Most Restrictive):

  1. BGIL Films & Technologies Ltd (511664)
  2. Esha Media Research Ltd (531259)
  3. Tamilnadu Steel Tubes Ltd (513540)

5% Price Band:

  1. Bharat Bhushan Finance & Commodity Brokers Ltd (511501)
  2. Containe Technologies Ltd (543606)
  3. Golkonda Aluminium Extrusions Ltd (513309)
  4. GTN Textiles Ltd (532744)
  5. Jay Ushin Ltd (513252)
  6. Kiduja India Ltd (507946)
  7. Lancer Container Lines Ltd (539841)
  8. Mac Hotels Ltd (541973)
  9. MAGNUS STEEL AND INFRA Ltd (751046)
  10. Octaware Technologies Ltd (540416)
  11. Onelife Capital Advisors Ltd (533632)
  12. TCM Ltd (524156)
  13. Vani Commercials Ltd (538918)

10% Price Band:

  1. Contil India Ltd (531067)
  2. Duke Offshore Ltd (531471)
  3. Keynote Financial Services Ltd (512597)
  4. Nirmitee Robotics India Ltd (543194)
  5. STAR HOUSING FINANCE Ltd (751042)
  6. Thangamayil Jewellery Ltd (533158)
  7. Tierra Agrotech Ltd (543531)

Impact Justification

Routine surveillance measure affecting 23 less-liquid securities with tighter price bands to control volatility. Limited broader market impact but significant for traders in these specific scrips.