Description
BSE announces revised price bands for 11 scrips including Aadi Industries, Alps Industries, Axita Cotton, B.C. Power Controls, Continental Controls, Halder Venture, KSR Footwear, Nectar Lifesciences, Ortin Global, Rotographics India, and Shyam Century Ferrous, effective December 11, 2025.
Summary
BSE has announced revisions to price bands for 11 securities effective December 11, 2025. The price bands range from 2% (most restrictive) to 20% (least restrictive among the revised securities), indicating different levels of surveillance measures applied to these scrips. Trading members have been notified to adjust their trading systems accordingly.
Key Points
- 11 securities will have revised price bands effective December 11, 2025
- Price bands vary from 2% to 20% based on surveillance requirements
- Most restrictive (2%): Continental Controls Ltd, Rotographics (India) Ltd
- Moderately restrictive (5%): Aadi Industries, Alps Industries, Axita Cotton, Halder Venture, Nectar Lifesciences, Ortin Global, Shyam Century Ferrous
- Less restrictive (10%): B.C. Power Controls Ltd
- Least restrictive among revised (20%): KSR Footwear Ltd
- Clarifications can be sought at bse.surv@bseindia.com
Regulatory Changes
BSE Surveillance Department has revised price bands for the following securities:
- Aadi Industries Ltd (530027) - 5%
- Alps Industries Ltd (530715) - 5%
- Axita Cotton Ltd (542285) - 5%
- B.C. Power Controls Ltd (537766) - 10%
- Continental Controls Ltd (531460) - 2%
- Halder Venture Ltd (539854) - 5%
- KSR Footwear Ltd (544615) - 20%
- Nectar Lifesciences Ltd (532649) - 5%
- Ortin Global Ltd (539287) - 5%
- Rotographics (India) Ltd (539922) - 2%
- Shyam Century Ferrous Ltd (539252) - 5%
Price bands are surveillance measures to control excessive volatility in securities.
Compliance Requirements
- Trading members must update their trading systems to reflect the new price bands
- Orders placed outside the revised price band limits will be rejected
- Members should inform their clients about the revised price bands for these securities
- Any clarifications required should be directed to bse.surv@bseindia.com
Important Dates
- Notice Date: December 10, 2025
- Effective Date: December 11, 2025
Impact Assessment
Market Impact: The revised price bands will limit intraday price movements for these 11 securities. Securities with tighter bands (2% and 5%) will experience more trading restrictions, potentially reducing volatility but also limiting liquidity. KSR Footwear with a 20% band has more trading flexibility compared to the others.
Trading Impact: Investors and traders in these securities will need to adjust their strategies to account for the price band limitations. Day trading and volatile price movements will be constrained, particularly for Continental Controls and Rotographics India with the tightest 2% bands.
Investor Impact: Investors should be aware that these price band revisions typically indicate surveillance concerns related to unusual price movements, volatility, or compliance issues. The varying levels of restriction suggest different degrees of surveillance measures applied to each security.
Impact Justification
Price band revisions directly affect trading in 11 securities, with bands ranging from 2% to 20%, indicating varying levels of surveillance measures. This impacts liquidity and trading strategies for these specific stocks.