Description
BSE revises price bands for seven securities including Bandaram Pharma Packtech, Coastal Corporation, IEL, Indowind Energy, Rita Finance, Shlokka Dyes, and SPEL Semiconductor with effect from December 4, 2025.
Summary
BSE has announced revised price bands for seven securities effective December 4, 2025. The price bands range from 2% to 20% depending on the security, with Indowind Energy Ltd receiving the widest band at 20% and IEL Ltd and SPEL Semiconductor Ltd having the most restrictive bands at 2%.
Key Points
- Seven securities will have revised price bands from December 4, 2025
- Price bands vary from 2% to 20% based on individual security characteristics
- Changes are implemented by BSE Surveillance department
- Trading members have been notified through Notice No 20251203-41
- Clarifications can be requested at bse.surv@bseindia.com
Affected Securities
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 524602 | Bandaram Pharma Packtech Ltd | 5% |
| 501831 | Coastal Corporation Ltd | 5% |
| 524614 | IEL Ltd | 2% |
| 751063 | Indowind Energy Ltd | 20% |
| 543256 | Rita Finance and Leasing Ltd | 5% |
| 544582 | Shlokka Dyes Ltd | 10% |
| 517166 | SPEL Semiconductor Ltd | 2% |
Regulatory Changes
The price bands have been revised from their existing levels as a surveillance measure. Price bands restrict the maximum price movement (both upward and downward) that a security can experience during a trading session, helping to control excessive volatility.
Compliance Requirements
- Trading members must apply the revised price bands to the affected securities from December 4, 2025
- All trading systems must be updated to reflect the new price band percentages
- Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: December 3, 2025
- Effective Date: December 4, 2025
Impact Assessment
The revised price bands will impact trading in these seven securities by limiting intraday price movements. Securities with tighter bands (2%) will have more restricted price movements, potentially affecting liquidity and trading strategies. Indowind Energy Ltd with a 20% band will have the most trading flexibility among the affected securities. These changes are part of BSE’s surveillance measures to manage market volatility and protect investor interests.
Impact Justification
Price band revisions affect trading flexibility for seven securities, with bands ranging from 2% to 20%, impacting intraday volatility limits for these specific scrips.