Description
BSE revises price bands for 7 scrips including Epuja Spiritech, Fischer Medical Ventures, Gretex Corporate Services, HCP Plastene Bulkpack, Retaggio Industries, Technopack Polymers, and TVS Holdings effective November 14, 2025.
Summary
BSE has announced revisions to price bands for 7 securities effective November 14, 2025. The changes include tightening bands to 5% for some scrips while expanding others to 10% and 20%. TVS Holdings Ltd receives the widest price band at 20%, while Epuja Spiritech Ltd, HCP Plastene Bulkpack Ltd, and Retaggio Industries Ltd are restricted to 5% bands.
Key Points
- 7 securities subject to price band revisions from existing levels
- Effective date: November 14, 2025
- Price bands range from 5% (most restrictive) to 20% (most permissive)
- TVS Holdings Ltd receives maximum flexibility with 20% price band
- Three scrips restricted to 5% band: Epuja Spiritech, HCP Plastene Bulkpack, and Retaggio Industries
- Three scrips set to 10% band: Fischer Medical Ventures, Gretex Corporate Services, and Technopack Polymers
- Notice issued by Surveillance Department
Regulatory Changes
Revised Price Bands:
| Sr. No. | Scrip Code | Scrip Name | New Price Band |
|---|---|---|---|
| 1 | 532092 | Epuja Spiritech Ltd | 5% |
| 2 | 524743 | Fischer Medical Ventures Ltd | 10% |
| 3 | 543324 | Gretex Corporate Services Ltd | 10% |
| 4 | 526717 | HCP Plastene Bulkpack Ltd | 5% |
| 5 | 544391 | Retaggio Industries Ltd | 5% |
| 6 | 543656 | Technopack Polymers Ltd | 10% |
| 7 | 520056 | TVS Holdings Ltd | 20% |
Price bands represent the maximum percentage change allowed in a security’s price during a trading session, serving as circuit breaker mechanisms.
Compliance Requirements
- Trading members must implement revised price bands from November 14, 2025
- All trading systems must be updated to reflect new price band limits
- Members requiring clarifications should contact bse.surv@bseindia.com
- Trading within the new bands is mandatory for all market participants
Important Dates
- Notice Date: November 13, 2025
- Effective Date: November 14, 2025
- Notice Number: 20251113-59
Impact Assessment
Trading Impact:
- Securities with narrower bands (5%) will experience limited intraday price movement, potentially reducing volatility and protecting investors
- TVS Holdings with 20% band gains significantly higher trading flexibility, allowing broader price discovery
- Tighter bands on scrips like Epuja Spiritech, HCP Plastene Bulkpack, and Retaggio Industries suggest heightened surveillance concerns
Market Participants:
- Traders and investors in these securities must adjust strategies to account for new price movement limits
- Algorithmic trading systems require recalibration for revised parameters
- Higher bands facilitate better liquidity while tighter bands may constrain trading activity
Surveillance Perspective: The varied price bands indicate differentiated risk assessments, with tighter controls on potentially volatile securities and relaxed limits on more stable stocks like TVS Holdings.
Impact Justification
Price band revisions affect trading volatility limits for 7 securities. Changes range from 5% to 20% bands, with TVS Holdings receiving the widest band at 20%, indicating enhanced trading flexibility for select scrips.