Description
BSE has revised price bands for 13 scrips effective December 10, 2025, with bands ranging from 2% to 20% based on surveillance measures.
Summary
BSE has announced revisions to price bands for 13 scrips effective December 10, 2025. The revised price bands range from 2% to 20%, representing surveillance measures to control price volatility and protect investors. Trading members are required to ensure compliance with these revised limits.
Key Points
- Price band revisions for 13 securities effective from December 10, 2025
- Most restrictive bands set at 2% for Phaarmasia Ltd, Prima Industries Ltd, and Systematix Securities Ltd
- Widest bands set at 20% for Gallard Steel Ltd and Seshachal Technologies Ltd
- Changes implemented from existing levels as part of surveillance measures
- Queries to be directed to bse.surv@bseindia.com
Affected Securities
| Scrip Code | Company Name | Revised Price Band |
|---|---|---|
| 531568 | Ashutosh Paper Mills Ltd | 5% |
| 532113 | Brijlaxmi Leasing & Finance Ltd | 10% |
| 539900 | Dalmia Industrial Development Ltd | 5% |
| 543713 | Droneacharya Aerial Innovations Ltd | 5% |
| 544616 | Gallard Steel Ltd | 20% |
| 544489 | LGT Business Connextions Ltd | 5% |
| 543464 | Maruti Interior Products Ltd | 10% |
| 523620 | Phaarmasia Ltd | 2% |
| 531246 | Prima Industries Ltd | 2% |
| 531667 | RR MetalMakers India Ltd | 5% |
| 531794 | Seshachal Technologies Ltd | 20% |
| 544582 | Shlokka Dyes Ltd | 5% |
| 531432 | Systematix Securities Ltd | 2% |
Compliance Requirements
- Trading members must ensure all trades in affected securities comply with revised price bands
- Systems must be updated to reflect new price limits before December 10, 2025
- Any clarifications required should be requested via bse.surv@bseindia.com
Important Dates
- Notice Date: December 9, 2025
- Effective Date: December 10, 2025
Impact Assessment
The price band revisions affect 13 securities with varying degrees of restriction. Securities with 2% bands (Phaarmasia, Prima Industries, Systematix Securities) face the tightest trading limits, likely due to heightened surveillance concerns. This will significantly restrict intraday price movements and may impact liquidity. Securities with wider 20% bands (Gallard Steel, Seshachal Technologies) retain more trading flexibility. Investors and traders in these securities should adjust strategies accordingly and expect reduced volatility within the new bands.
Impact Justification
Affects trading limits for 13 securities with varying price band restrictions from 2% to 20%, implemented as surveillance measures to control volatility