Description

BSE revises price bands for eight scrips including BCL Enterprises, Getalong Enterprise, L.T. Elevator, Natura Hue Chem, Norben Tea & Exports, Shipwaves Online, Soma Textiles, and Unisem Agritech with effect from January 1, 2026.

Summary

BSE has announced revised price bands for eight securities effective from January 1, 2026. The revised bands range from 2% to 20%, with three scrips moved to 2% band, three to 5% band, one to 10% band, and one to 20% band. This surveillance measure is designed to control volatility in these securities.

Key Points

  • Eight scrips will have revised price bands effective January 1, 2026
  • BCL Enterprises Ltd (539621) - revised to 5% band
  • Getalong Enterprise Ltd (543372) - revised to 5% band
  • L. T. Elevator Ltd (544518) - revised to 5% band
  • Natura Hue Chem Ltd (531834) - revised to 2% band
  • Norben Tea & Exports Ltd (519528) - revised to 2% band
  • Shipwaves Online Ltd (544646) - revised to 10% band
  • Soma Textiles & Industries Ltd (521034) - revised to 2% band
  • Unisem Agritech Ltd (544648) - revised to 20% band
  • Notice issued by BSE Surveillance Department

Regulatory Changes

Price bands have been revised from their existing levels for the mentioned scrips. Price bands restrict the maximum price movement (both upward and downward) that a security can experience during a trading session. Tighter bands (2-5%) indicate higher surveillance, while wider bands (10-20%) allow greater price movement.

Compliance Requirements

  • Trading members must note the revised price bands for these scrips
  • All trades in these securities must comply with the new price band limits from January 1, 2026
  • Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com

Important Dates

  • Notice Date: December 31, 2025
  • Effective Date: January 1, 2026

Impact Assessment

The revised price bands will impact intraday trading strategies for these securities. Scrips with narrower bands (2%) will experience limited price movement, potentially affecting liquidity and trading volumes. The 20% band for Unisem Agritech suggests higher volatility expectations. Trading members need to adjust their risk management systems and inform clients about the restricted price movements in these securities.

Impact Justification

Price band revisions affect trading dynamics for 8 scrips with varying restrictions from 2% to 20%, impacting intraday volatility and trading strategies for these securities.