Description
BSE revises price bands for 12 equity scrips including Kesoram Industries Ltd, with bands ranging from 2% to 10%, effective from December 12, 2025.
Summary
BSE has announced revisions to price bands for 12 equity scrips effective from December 12, 2025. The revised price bands range from 2% to 10%, representing changes in trading volatility controls for these securities. The notice is issued by the Surveillance Department to regulate trading activity and price movements in these scrips.
Key Points
- 12 scrips will have revised price bands effective December 12, 2025
- Price bands revised to 2%, 5%, or 10% depending on the scrip
- Changes implemented by BSE Surveillance Department
- Stricter bands (2%) applied to Bluegod Entertainment Ltd, Ramgopal Polytex Ltd, and Wardwizard Foods and Beverages Ltd
- Moderate bands (10%) applied to Ecoboard Industries Ltd and Seshachal Technologies Ltd
- Most scrips (7 securities) assigned 5% price band
- Trading members notified to implement changes from December 12, 2025
Affected Scrips
| Sr. No. | Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|---|
| 1 | 537766 | B.C. Power Controls Ltd | 5% |
| 2 | 539175 | Bluegod Entertainment Ltd | 2% |
| 3 | 523732 | Ecoboard Industries Ltd | 10% |
| 4 | 508980 | Frontier Capital Ltd | 5% |
| 5 | 502937 | Kesoram Industries Ltd | 5% |
| 6 | 543464 | Maruti Interior Products Ltd | 5% |
| 7 | 531280 | Pankaj Polymers Ltd | 5% |
| 8 | 514223 | Ramgopal Polytex Ltd | 2% |
| 9 | 531794 | Seshachal Technologies Ltd | 10% |
| 10 | 541228 | Taylormade Renewables Ltd | 5% |
| 11 | 519367 | Transglobe Foods Ltd | 5% |
| 12 | 539132 | Wardwizard Foods and Beverages Ltd | 2% |
Regulatory Changes
BSE Surveillance Department has revised price bands for the listed scrips as part of market regulation measures. Price bands are circuit filters that limit the maximum price movement allowed for a security during a trading session. Tighter bands (2%) indicate higher surveillance and restricted price volatility, while wider bands (10%) allow greater price movement within the trading session.
Compliance Requirements
- Trading members must implement the revised price bands from December 12, 2025
- All trades in the affected scrips must comply with the new price band limits
- Members requiring clarification should contact BSE at bse.surv@bseindia.com
- Trading systems must be updated to reflect the new price band parameters
Important Dates
- Notice Date: December 11, 2025
- Effective Date: December 12, 2025
Impact Assessment
Market Impact: The revision of price bands directly affects trading dynamics for these 12 scrips. Stricter bands (2%) on three scrips suggest heightened surveillance concerns, potentially due to excessive volatility or other market integrity issues. These restrictions will limit intraday price movements and may reduce speculative trading activity.
Trading Impact: Investors and traders in these securities will face constraints on maximum daily price movements. The 2% band scrips will have the most restricted trading range, while 10% band scrips retain broader movement capability. This affects both day trading strategies and stop-loss orders.
Investor Consideration: The price band revision serves as a regulatory indicator of market concerns about specific securities, and investors should exercise appropriate caution when trading in these scrips, particularly those with the tightest (2%) bands.
Impact Justification
Price band revisions affect trading activity and volatility controls for 12 scrips, impacting investors and traders in these specific securities.