Description
BSE announces revised price bands for 16 securities ranging from 2% to 20%, effective from December 16, 2025.
Summary
BSE has announced revisions to price bands for 16 securities effective from December 16, 2025. The revised price bands range from 2% to 20%, reflecting varying levels of surveillance measures. This includes tighter bands for highly volatile securities and relaxed bands for others. Trading members have been notified to implement these changes in their trading systems.
Key Points
- 16 securities have revised price bands effective December 16, 2025
- Price bands range from 2% (Transchem Ltd) to 20% (Ranjit Securities Ltd and SSMD Agrotech India Ltd)
- Most securities have 5% or 10% price bands
- Changes are part of surveillance measures to manage volatility
- Trading members must update their systems accordingly
Securities Affected
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 544169 | Amkay Products Ltd | 10% |
| 530799 | Anna Infrastructures Ltd | 5% |
| 532832 | Embassy Developments Ltd | 5% |
| 506186 | Galaxy Cloud Kitchens Ltd | 5% |
| 532998 | Lotus Eye Hospital And Institute Ltd | 5% |
| 523384 | Maha Rashtra Apex Corporation Ltd | 10% |
| 511758 | Mansi Finance (Chennai) Ltd | 10% |
| 531572 | Ranjit Securities Ltd | 20% |
| 544237 | Rapid Multimodal Logistics Ltd | 5% |
| 531794 | Seshachal Technologies Ltd | 5% |
| 544621 | SSMD Agrotech India Ltd | 20% |
| 543391 | Suyog Gurbaxani Funicular Ropeways Ltd | 5% |
| 500422 | Transchem Ltd | 2% |
| 540083 | TV Vision Ltd | 10% |
| 526775 | Valiant Communications Ltd | 5% |
| 511726 | Vipul Ltd | 10% |
Regulatory Changes
Price bands are surveillance tools used by exchanges to control excessive volatility in securities. The revision of price bands from existing levels indicates updated risk assessment for these securities. Tighter bands (2%, 5%) indicate higher surveillance, while wider bands (20%) may indicate high volatility or special circumstances.
Compliance Requirements
- Trading members must update their trading systems to reflect new price bands
- Systems must be configured before market opening on December 16, 2025
- Any clarifications required should be directed to bse.surv@bseindia.com
- Members must ensure proper risk management systems are in place for these securities
Important Dates
- Notice Date: December 15, 2025
- Effective Date: December 16, 2025
- Changes apply from market opening on the effective date
Impact Assessment
Market Impact: The revised price bands will affect daily trading ranges for these 16 securities. Tighter bands will limit intraday price movements, potentially reducing volatility but also liquidity. Wider bands for securities like Ranjit Securities Ltd and SSMD Agrotech India Ltd (20%) indicate higher volatility expectations.
Trading Impact: Traders and investors in these securities need to adjust their strategies according to new price limits. Stop-loss orders and limit orders should be reviewed. Algorithmic trading systems must be recalibrated to account for new band limits.
Surveillance Rationale: The varying levels of price bands suggest differentiated surveillance based on individual security characteristics, trading patterns, and risk profiles.
Impact Justification
Price band revisions affect trading parameters for 16 securities, with bands ranging from 2% to 20%, impacting volatility controls and trading activity for these specific stocks.