Description

BSE announces revised price band percentages for 17 scrips, ranging from 2% to 20%, effective from December 30, 2025.

Summary

BSE has revised the price band percentages for 17 securities effective from December 30, 2025. The price bands range from 2% (most restrictive) to 20% (least restrictive), indicating varying levels of surveillance and trading controls. Four scrips have extremely tight 2% bands, while two scrips have wider 20% bands.

Key Points

  • 17 securities will have revised price bands effective December 30, 2025
  • Price bands range from 2% to 20% depending on the scrip
  • Most restrictive (2% band): Kiran Syntex Ltd, SRM Energy Ltd, VR Woodart Ltd
  • Most permissive (20% band): K. V. Toys India Ltd, TILAK VENTURES LIMITED
  • Majority of scrips (9 out of 17) have 10% price band
  • Three scrips have 5% price band: Chemkart India Ltd, Dr Lalchandani Labs Ltd, K K Silk Mills Ltd, PH Capital Ltd
  • Changes are part of surveillance measures to control volatility

Regulatory Changes

The Exchange has modified the price band framework for the affected securities under its surveillance authority. Price bands restrict the maximum percentage by which a stock’s price can move (up or down) during a trading session. Tighter bands (2-5%) indicate enhanced surveillance measures, while wider bands (10-20%) allow greater price flexibility.

Compliance Requirements

  • Trading members must ensure trading systems reflect the new price bands from December 30, 2025
  • Orders placed beyond the revised price band limits will be rejected
  • Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com
  • No action required from investors; the changes are automatically enforced by the trading system

Important Dates

  • Notice Date: December 29, 2025
  • Effective Date: December 30, 2025

Impact Assessment

The revision of price bands affects trading dynamics and liquidity for these 17 securities. Scrips with tighter bands (2-5%) may experience reduced trading volumes and liquidity due to restricted price movement, typically indicating heightened surveillance concerns. Scrips with wider bands (10-20%) can accommodate larger price swings, potentially attracting higher volatility. Traders and investors in these securities should adjust their strategies considering the new price movement constraints. The measure is part of BSE’s ongoing surveillance framework to maintain market integrity and protect investor interests.

Impact Justification

Price band changes affect trading parameters and potential volatility for 17 securities. Tighter bands (2-5%) indicate higher surveillance, while wider bands (10-20%) allow greater price movement. Medium impact as it affects trading dynamics but is limited to specific scrips.