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.

Summary

BSE has revised the price bands for 7 securities effective November 14, 2025. The changes range from tightening bands to 5% for certain scrips to maintaining or setting wider bands of 10% and 20% for others. These revisions are part of surveillance measures to manage volatility and trading risks.

Key Points

  • Price band revisions effective from November 14, 2025
  • 7 scrips affected across different price band categories
  • Price bands range from 5% (most restrictive) to 20% (least restrictive)
  • Changes implemented under BSE Surveillance department
  • Trading members notified through Notice No 20251113-59

Affected Securities

5% Price Band

  • Epuja Spiritech Ltd (Scrip Code: 532092)
  • HCP Plastene Bulkpack Ltd (Scrip Code: 526717)
  • Retaggio Industries Ltd (Scrip Code: 544391)

10% Price Band

  • Fischer Medical Ventures Ltd (Scrip Code: 524743)
  • Gretex Corporate Services Ltd (Scrip Code: 543324)
  • Technopack Polymers Ltd (Scrip Code: 543656)

20% Price Band

  • TVS Holdings Ltd (Scrip Code: 520056)

Regulatory Changes

The price band mechanism is a surveillance tool used by BSE to control excessive volatility. Tighter price bands (5%) indicate heightened surveillance, while wider bands (20%) allow for more normal price discovery. The revision suggests ongoing monitoring of these securities based on their trading patterns, volatility, or compliance status.

Compliance Requirements

  • Trading members must update their systems to reflect the new price bands before market opening on November 14, 2025
  • All orders in the affected scrips must comply with the revised price band limits
  • Members requiring clarification should contact bse.surv@bseindia.com

Important Dates

  • Notice Date: November 13, 2025
  • Effective Date: November 14, 2025

Impact Assessment

Market Impact: Securities with tighter 5% price bands will experience restricted intraday price movement, potentially affecting liquidity and trading volumes. The 20% band for TVS Holdings suggests normalized surveillance. Traders and investors in these scrips need to adjust their trading strategies accordingly. The differential treatment indicates BSE’s risk-based approach to market surveillance.

Impact Justification

Price band changes affect trading dynamics for 7 securities with varying bands from 5% to 20%, indicating different levels of surveillance measures