Revision of Price Bands for 10 Securities - Effective November 12, 2025

Description

BSE revises price bands for 10 securities ranging from 2% to 10%, effective November 12, 2025, impacting daily trading limits for these stocks.

Summary

BSE has revised price bands for 10 securities effective November 12, 2025. The price bands range from 2% to 10%, representing tightened trading restrictions for these stocks. These surveillance measures limit the maximum price movement allowed in a single trading session for the affected securities.

Key Points

• Price band revisions effective from November 12, 2025
• 10 securities affected across various sectors
• Price bands range from 2% (most restrictive) to 10% (least restrictive)
• 2 securities restricted to 2% band: Kuberan Global Edu Solutions Ltd, Mahip Industries Ltd, Raj Packaging Industries Ltd
• 4 securities restricted to 5% band: AVI Polymers Ltd, Concord Drugs Ltd, One Global Service Provider Ltd, Reetech International Ltd, UTL Industries Ltd
• 2 securities restricted to 10% band: Athena Constructions Ltd, Retaggio Industries Ltd
• Trading members can contact bse.surv@bseindia.com for clarifications

Regulatory Changes

No new regulatory framework introduced. This circular implements existing surveillance measures by adjusting price band percentages for specific securities based on BSE’s surveillance criteria.

Compliance Requirements

• Trading members must ensure trades in affected securities remain within revised price bands
• Order management systems should be updated to reflect new price limits
• No action required from listed companies; this is a market surveillance measure

Important Dates

• Notice Date: November 11, 2025
• Effective Date: November 12, 2025

Impact Assessment

Market Impact: Limited to specific securities. Tighter price bands reduce intraday volatility and may reduce liquidity for affected stocks. Securities with 2% bands face the most restrictive trading environment.

Trading Impact: Investors and traders in these 10 securities will experience limited daily price movement, reducing potential for both gains and losses within a single session. This may lead to multi-day trends instead of single-day sharp movements.

Investor Consideration: The price band tightening typically indicates heightened surveillance due to unusual price movements, volatility concerns, or other market integrity issues. Investors should exercise caution when trading these securities.

Affected Securities Details

Impact Justification

Price band changes affect daily trading volatility limits for 10 securities, with bands ranging from 2% to 10%, indicating varying levels of surveillance measures. This impacts traders and investors in these specific stocks but has limited market-wide significance.