Description

BSE revises price bands for 26 securities with bands ranging from 2% to 20%, effective December 26, 2025.

Summary

BSE has announced revised price bands for 26 securities effective December 26, 2025. The price bands range from 2% to 20%, with most securities assigned 5% or 10% bands. These changes are surveillance measures to control price volatility in the affected scrips.

Key Points

  • 26 scrips will have revised price bands effective December 26, 2025
  • Price bands range from 2% (most restrictive) to 20% (least restrictive)
  • 15 scrips assigned 5% price band
  • 6 scrips assigned 10% price band
  • 1 scrip (RDB Real Estate Constructions Ltd) assigned 2% price band
  • 1 scrip (Western Overseas Study Abroad Ltd) assigned 20% price band
  • Changes applicable to equity segment
  • Notice Number: 20251224-46

Regulatory Changes

Price band revisions represent enhanced surveillance measures on the following securities:

2% Price Band:

  • RDB Real Estate Constructions Ltd (544346)

5% Price Band:

  • Astron Multigrain Ltd (544628)
  • Chandra Bhagat Pharma Ltd (542934)
  • Ecoboard Industries Ltd (523732)
  • Global Capital Markets Ltd (530263)
  • JLA Infraville Shoppers Ltd (538765)
  • Key Corporation Ltd (507948)
  • Millennium Online Solutions (India) Ltd (511187)
  • My Money Securities Ltd (538862)
  • Octaware Technologies Ltd (540416)
  • Perfect-Octave Media Projects Ltd (521062)
  • Prime Urban Development India Ltd (521149)
  • Pulsar International Ltd (512591)
  • Purple Finance Ltd (544191)
  • Quantum Digital Vision India Ltd (530281)
  • Relicab Cable Manufacturing Ltd (539760)
  • Samor Reality Ltd (543376)
  • SEL Manufacturing Company Ltd (532886)
  • Symbiox Investment & Trading Company Ltd (539278)
  • U. H. Zaveri Ltd (541338)

10% Price Band:

  • Baba Arts Ltd (532380)
  • Fabino Enterprises Ltd (543444)
  • Luxury Time Ltd (544635)
  • Modi Rubber Ltd (500890)
  • Teamo Productions HQ Ltd (533048)

20% Price Band:

  • Western Overseas Study Abroad Ltd (544636)

Compliance Requirements

  • Trading members must ensure all orders comply with the revised price bands from December 26, 2025
  • Orders outside the specified price bands will be rejected by the trading system
  • Members should update their risk management systems to reflect new price band limits
  • Clarifications can be directed to bse.surv@bseindia.com

Important Dates

  • Notice Date: December 24, 2025
  • Effective Date: December 26, 2025

Impact Assessment

Market Impact: The revised price bands indicate increased surveillance on these 26 securities, likely due to concerns about price volatility or unusual trading patterns. Tighter price bands (2%, 5%) restrict intraday price movement, potentially reducing speculative trading activity.

Trading Impact:

  • Reduced intraday volatility for affected scrips
  • Potential liquidity constraints due to tighter price movement limits
  • Greater difficulty in executing large orders within single trading session
  • Investors should adjust trading strategies for scrips with narrow price bands

Investor Impact: Investors holding or trading these securities should be aware that price discovery may be affected by the narrower price bands, and larger price movements may require multiple trading sessions to materialize.

Impact Justification

Affects trading parameters for 26 securities with varying price band restrictions, indicating increased surveillance measures for these scrips.