Description
BSE announces revised price bands for 33 securities ranging from 2% to 20%, effective from December 29, 2025, impacting trading limits for these scrips.
Summary
BSE has revised price bands for 33 securities effective December 29, 2025. The new price bands range from 2% to 20%, representing tighter trading restrictions compared to the standard price bands. This surveillance measure limits the maximum price movement allowed during trading sessions for the affected scrips.
Key Points
- 33 securities subject to revised price bands
- Price bands range from 2% (most restrictive) to 20%
- Effective date: December 29, 2025
- Notice number: 20251226-36
- Category: Trading - Equity Segment
- Most restrictive 2% band applies to: Esha Media Research Ltd, Mercury Trade Links Ltd, and Naturo Indiabull Ltd
- 5% band applies to 16 securities
- 10% band applies to 8 securities
- 20% band applies to 6 securities
Regulatory Changes
The exchange has implemented tighter price band restrictions as a surveillance measure. Price bands limit the percentage change in stock price from the previous closing price during a trading session. Stricter bands (lower percentages) indicate heightened regulatory scrutiny and restrict volatility.
Compliance Requirements
- Trading members must ensure compliance with revised price bands from December 29, 2025
- Orders exceeding the revised price band limits will be rejected
- Members should update their risk management systems to reflect new price band parameters
- For clarifications, members may contact bse.surv@bseindia.com
Important Dates
- Notice Date: December 26, 2025
- Effective Date: December 29, 2025
Impact Assessment
Market Impact: Medium - The revised price bands will restrict intraday price volatility for 33 securities, potentially reducing trading opportunities and liquidity in these scrips. The tighter bands suggest these securities are under enhanced surveillance, likely due to unusual price movements or volatility concerns.
Investor Impact: Investors in these securities will face limited price discovery within restricted bands. Buy/sell orders beyond the band limits will not execute, requiring price adjustments.
Trading Impact: Day traders and algorithmic strategies targeting these securities will need to adjust for reduced volatility ranges. The most restrictive 2% band significantly limits price movement potential.
Detailed Security List
| Scrip Code | Security Name | New Price Band |
|---|---|---|
| 533292 | A2Z Infra Engineering Ltd | 5% |
| 544422 | Abram Food Ltd | 20% |
| 544497 | Anlon Healthcare Ltd | 20% |
| 526935 | Arunis Abode Ltd | 5% |
| 543442 | Brand Concepts Ltd | 20% |
| 534732 | Caspian Corporate Services Ltd | 10% |
| 531099 | Checkpoint Trends Ltd | 5% |
| 540310 | Classic Filaments Ltd | 5% |
| 532217 | CMX Holdings Ltd | 5% |
| 532737 | Emkay Global Financial Services Ltd | 10% |
| 544166 | Emmforce Autotech Ltd | 10% |
| 526574 | Enterprise International Ltd | 5% |
| 531259 | Esha Media Research Ltd | 2% |
| 511543 | GSB Finance Ltd | 5% |
| 531918 | Hindustan Appliances Ltd | 5% |
| 517370 | Incap Ltd | 10% |
| 531889 | Integrated Industries Ltd | 10% |
| 532326 | Intense Technologies Ltd | 10% |
| 543286 | Jetmall Spices and Masala Ltd | 5% |
| 531578 | KMF Builders & Developers Ltd | 10% |
| 544625 | Logiciel Solutions Ltd | 5% |
| 531441 | Lyons Corporate Market Ltd | 5% |
| 512415 | Mercury Trade Links Ltd | 2% |
| 544637 | Methodhub Software Ltd | 20% |
| 543579 | Naturo Indiabull Ltd | 2% |
| 514332 | Neo Infracon Ltd | 10% |
| 531802 | Prerna Infrabuild Ltd | 5% |
| 538540 | Ramchandra Leasing & Finance Ltd | 5% |
| 531635 | Silver Oak India Ltd | 5% |
| 513307 | Synthiko Foils Ltd | 5% |
| 543754 | Transvoy Logistics India Ltd | 5% |
| 522091 | United Van Der Horst Ltd | 20% |
| 500426 | UTL Industries Ltd | 5% |
Impact Justification
Affects trading parameters for 33 securities with tighter price bands (2%-20%), indicating enhanced surveillance. Medium impact as it restricts price movements but applies to smaller cap stocks with limited broader market significance.