Description
BSE revises price bands for 10 securities including Kesoram Industries, Octaware Technologies, and others, with bands ranging from 2% to 20%, effective from December 9, 2025.
Summary
BSE has revised price bands for 10 securities effective December 9, 2025, through Notice No. 20251208-45. The revised bands range from 2% to 20%, representing surveillance measures to control price volatility. Trading members are notified of these changes which will restrict the maximum price movement allowed for these scrips during trading sessions.
Key Points
- 10 securities have revised price bands effective December 9, 2025
- Price bands range from 2% (most restrictive) to 20% (least restrictive)
- Four securities placed under 2% price band: Arunjyoti Bio Ventures, Fynx Capital, Nutricircle, and Vani Commercials
- Five securities have 20% price band: B.C. Power Controls, Ecoboard Industries, Octaware Technologies, and Vani Commercials
- Kesoram Industries Limited assigned 10% price band
- Changes implemented as surveillance measures
- Members can contact bse.surv@bseindia.com for clarifications
Regulatory Changes
BSE Surveillance Department has revised price band restrictions under its market surveillance framework. Price bands limit the maximum percentage by which a security’s price can move up or down during a trading session. Tighter bands (2-5%) indicate heightened surveillance due to concerns about volatility, liquidity, or market integrity.
Compliance Requirements
- Trading members must update their systems to reflect new price bands before market opening on December 9, 2025
- Orders exceeding the revised price bands will be rejected by the trading system
- Members should inform their clients about the revised trading restrictions
- Any clarifications should be directed to BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: December 8, 2025
- Effective Date: December 9, 2025
Impact Assessment
Market Impact: Medium - The revised price bands will restrict intraday price movements for these 10 securities, potentially reducing liquidity and limiting trading opportunities. Securities with 2% bands will experience the most significant trading restrictions.
Trading Impact: Securities with tighter bands (2-5%) will face limited price discovery and may experience reduced trading volumes. The 2% band on Arunjyoti Bio Ventures, Fynx Capital, Nutricircle is particularly restrictive and suggests regulatory concerns.
Investor Impact: Investors holding these securities will face constraints on exit opportunities during the trading day. The restrictions are designed to protect investors from excessive volatility but may also reduce liquidity.
Detailed Security List
| Sr. No. | Scrip Code | Company Name | Revised Price Band |
|---|---|---|---|
| 1 | 530881 | Arunjyoti Bio Ventures Ltd | 2% |
| 2 | 537766 | B.C. Power Controls Ltd | 20% |
| 3 | 544535 | Bharatrohan Airborne Innovations Ltd | 5% |
| 4 | 523732 | Ecoboard Industries Ltd | 20% |
| 5 | 507962 | Fynx Capital Ltd | 2% |
| 6 | 540696 | KCD Industries India Ltd | 5% |
| 7 | 502937 | Kesoram Industries Ltd | 10% |
| 8 | 530219 | Nutricircle Ltd | 2% |
| 9 | 540416 | Octaware Technologies Ltd | 20% |
| 10 | 538918 | Vani Commercials Ltd | 20% |
Impact Justification
Price band revisions affect trading flexibility for 10 securities, with tighter bands indicating increased surveillance measures to control volatility and protect investors.