Description
BSE revises price bands for 11 securities with effect from December 3, 2025, implementing bands ranging from 2% to 20% based on surveillance measures.
Summary
BSE has announced revisions to price bands for 11 securities effective from December 3, 2025. The revised price bands range from 2% to 20%, representing various levels of trading restrictions implemented as surveillance measures. These changes will limit the maximum price movement allowed for these securities during trading sessions.
Key Points
- Price band revisions effective from December 3, 2025
- 11 securities affected by the changes
- Price bands range from 2% (most restrictive) to 20% (least restrictive)
- Changes implemented by BSE Surveillance department
- Notice number: 20251202-51
- Trading members informed via official circular
Affected Securities
| Scrip Code | Company Name | Revised Price Band |
|---|---|---|
| 543713 | Droneacharya Aerial Innovations Ltd | 10% |
| 538788 | Gilada Finance & Investments Ltd | 5% |
| 532855 | Haryana Capfin Ltd | 20% |
| 544567 | Infinity Infoway Ltd | 5% |
| 541337 | Milestone Furniture Ltd | 2% |
| 544330 | Parmeshwar Metal Ltd | 10% |
| 504132 | Permanent Magnets Ltd | 2% |
| 526883 | Shikhar Consultants Ltd | 2% |
| 544607 | Shining Tools Ltd | 5% |
| 541112 | Shreeshay Engineers Ltd | 10% |
| 543986 | South West Pinnacle Exploration Ltd | 5% |
Regulatory Changes
Price bands are being revised from existing levels as part of BSE’s surveillance mechanism. The exchange uses price band restrictions to curb excessive volatility and protect investors in securities exhibiting unusual price movements or other risk characteristics.
Compliance Requirements
- Trading members must ensure compliance with revised price bands from December 3, 2025
- All trades in affected securities must be within the specified price band limits
- Trading systems should be updated to reflect new price band restrictions
- For clarifications, members should contact BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: December 2, 2025
- Effective Date: December 3, 2025
Impact Assessment
Market Impact: The revised price bands will restrict intraday price movements for the 11 affected securities. Securities with 2% bands (Milestone Furniture, Permanent Magnets, Shikhar Consultants) face the most restrictive trading environment, while Haryana Capfin with a 20% band has the most flexibility.
Trading Impact: Investors and traders in these securities will experience limited price discovery and reduced volatility. This may affect liquidity and trading strategies for these stocks.
Investor Protection: The price band mechanism serves as a circuit breaker to prevent sharp price movements and potential market manipulation, protecting retail investors from extreme volatility.
Surveillance Context: These price band revisions indicate that BSE surveillance has identified concerns with these securities warranting enhanced monitoring and trading restrictions.
Impact Justification
Price band changes affect trading flexibility for 11 securities, indicating surveillance measures. Impact is limited to specific stocks but represents significant trading restrictions for affected securities.