Description
BSE revises price bands for 7 scrips including Bandaram Pharma, Coastal Corporation, IEL Ltd, Indowind Energy, Rita Finance, Shlokka Dyes, and SPEL Semiconductor with effect from December 4, 2025.
Summary
BSE has revised price bands for 7 equity securities effective December 4, 2025. The changes include both tightening and loosening of price bands ranging from 2% to 20%, reflecting surveillance measures on these scrips. The revisions apply to companies including Bandaram Pharma Packtech Ltd, Coastal Corporation Ltd, IEL Ltd, Indowind Energy Ltd, Rita Finance and Leasing Ltd, Shlokka Dyes Ltd, and SPEL Semiconductor Ltd.
Key Points
- 7 scrips affected by price band revisions
- Changes effective from December 4, 2025
- Price bands range from 2% (most restrictive) to 20% (least restrictive)
- Issued by BSE Surveillance Department
- Notice Number: 20251203-41
- Members can seek clarification at bse.surv@bseindia.com
Price Band Changes
| Scrip Code | Company Name | Revised 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 band revisions are part of BSE’s ongoing surveillance mechanism to regulate volatility in specific securities. Tighter price bands (2% and 5%) indicate enhanced surveillance measures, while wider bands (20%) may indicate relaxation of restrictions. These changes are implemented to protect investor interests and maintain orderly market conditions.
Compliance Requirements
- Trading members must ensure compliance with revised price bands from December 4, 2025
- All trading systems must be updated to reflect new price band limits
- Orders outside the revised price bands will be rejected
- Members should inform their clients about the revised trading limits
Important Dates
- Notice Date: December 3, 2025
- Effective Date: December 4, 2025
Impact Assessment
Market Impact: The revised price bands will directly affect trading activity in these 7 securities. Tighter bands (2% for IEL Ltd and SPEL Semiconductor) will limit intraday price movements and may reduce speculative activity. The 20% band for Indowind Energy suggests either removal of restrictions or normal trading classification.
Operational Impact: Trading members must update their risk management systems and inform clients about the new limits. Algorithmic trading strategies for these scrips may need recalibration.
Investor Impact: Investors holding or trading these securities should be aware of the restricted price movement limits, which may affect their ability to enter or exit positions at desired prices.
Impact Justification
Affects trading bands for 7 securities which may impact liquidity and trading activity for these stocks. Price band changes are routine surveillance measures but important for traders in these specific scrips.