Description
BSE revises price bands for 10 securities including Kesoram Industries, B.C. Power Controls, and others, effective December 9, 2025.
Summary
BSE has revised the price bands for 10 securities effective December 9, 2025. The changes include tightening price bands to as low as 2% for four securities (Arunjyoti Bio Ventures, Fynx Capital, Nutricircle, and Vani Commercials), while others receive bands ranging from 5% to 20%. These revisions are surveillance measures to manage volatility and trading activity in these scrips.
Key Points
- 10 securities affected by price band revisions
- 4 stocks restricted to 2% price band (most restrictive)
- 3 stocks set at 5% price band
- 3 stocks set at 20% price band
- 1 stock (Kesoram Industries) set at 10% price band
- Changes effective from December 9, 2025
- Notification issued under surveillance department authority
Affected Securities
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 530881 | Arunjyoti Bio Ventures Ltd | 2% |
| 537766 | B.C. Power Controls Ltd | 20% |
| 544535 | Bharatrohan Airborne Innovations Ltd | 5% |
| 523732 | Ecoboard Industries Ltd | 20% |
| 507962 | Fynx Capital Ltd | 2% |
| 540696 | KCD Industries India Ltd | 5% |
| 502937 | Kesoram Industries Ltd | 10% |
| 530219 | Nutricircle Ltd | 2% |
| 540416 | Octaware Technologies Ltd | 20% |
| 538918 | Vani Commercials Ltd | 20% |
Regulatory Changes
Price bands are revised from their existing levels as a surveillance measure. Tighter price bands (2%-5%) indicate heightened monitoring and restrictions on daily price movements to curb excessive volatility or speculative activity.
Compliance Requirements
- Trading members must comply with revised price bands from December 9, 2025
- All trades in affected securities must adhere to new price movement limits
- Members requiring clarifications should contact bse.surv@bseindia.com
- Trading systems must be updated to reflect new price band parameters
Important Dates
- Notice Date: December 8, 2025
- Effective Date: December 9, 2025
Impact Assessment
Trading Impact: Securities with 2% price bands will experience significantly restricted intraday price movements, limiting both upside and downside volatility. This may reduce liquidity and trading volumes in these scrips.
Investor Impact: Tighter price bands protect investors from extreme volatility but may also limit profit opportunities for traders. The 2% band stocks (Arunjyoti, Fynx Capital, Nutricircle, Vani Commercials) face the most restrictive trading environment.
Market Operations: Brokers and trading systems must update price band parameters before market opening on December 9, 2025. The wide variation in bands (2% to 20%) suggests different levels of surveillance concern across securities.
Impact Justification
Price band changes affect trading flexibility and volatility management for 10 securities. Tighter bands (2%-5%) imposed on 5 stocks indicate heightened surveillance concerns.