Description
BSE revises price bands for 11 scrips including Aadi Industries, Alps Industries, Axita Cotton, and others with varying percentage limits ranging from 2% to 20%.
Summary
BSE has revised price bands for 11 securities effective December 11, 2025. The revisions include tightening of price bands for several stocks under surveillance measures, with Continental Controls Ltd and Rotographics (India) Ltd being restricted to the strictest 2% band, while KSR Footwear Ltd receives a more relaxed 20% band.
Key Points
- Price band revisions effective from December 11, 2025
- 11 scrips affected across various industries
- Price bands range from 2% (most restrictive) to 20% (most relaxed)
- B.C. Power Controls Ltd receives 10% band
- KSR Footwear Ltd gets the widest band at 20%
- Continental Controls Ltd and Rotographics (India) Ltd restricted to 2% band
- Seven scrips receive 5% price band
- Notice issued by BSE Surveillance Department
Affected Securities
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 530027 | Aadi Industries Ltd | 5% |
| 530715 | Alps Industries Ltd | 5% |
| 542285 | Axita Cotton Ltd | 5% |
| 537766 | B.C. Power Controls Ltd | 10% |
| 531460 | Continental Controls Ltd | 2% |
| 539854 | Halder Venture Ltd | 5% |
| 544615 | KSR Footwear Ltd | 20% |
| 532649 | Nectar Lifesciences Ltd | 5% |
| 539287 | Ortin Global Ltd | 5% |
| 539922 | Rotographics (India) Ltd | 2% |
| 539252 | Shyam Century Ferrous Ltd | 5% |
Regulatory Changes
The price band mechanism limits the maximum price movement (up or down) that a stock can experience in a single trading day. Tighter bands (2%, 5%) indicate enhanced surveillance and restrict volatility, while wider bands (20%) allow greater price discovery.
Compliance Requirements
- Trading members must ensure compliance with revised price bands from December 11, 2025
- All orders must be placed within the specified price band limits
- Members can contact BSE Surveillance at bse.surv@bseindia.com for clarifications
Important Dates
- Notice Date: December 10, 2025
- Effective Date: December 11, 2025
Impact Assessment
The revision of price bands is a surveillance measure typically applied to stocks exhibiting unusual price movements or requiring enhanced monitoring. Stricter bands (2% for Continental Controls and Rotographics) significantly limit intraday volatility and may impact liquidity. The 5% band applied to majority of the securities represents a moderate surveillance level. KSR Footwear’s 20% band suggests normal market operations with standard volatility limits. Traders and investors in these securities should adjust their trading strategies accordingly.
Impact Justification
Price band revisions affect trading volatility limits for 11 securities, indicating heightened surveillance measures. Impact is moderate as it primarily affects traders in these specific scrips.