Add-on Price Band Framework - Updated List of 38 Securities

Description

BSE updates the list of securities under the Add-on Price Band Framework, including 38 scrips across various sectors subject to enhanced price band restrictions.

Summary

BSE has issued an updated list of 38 securities subject to the Add-on Price Band Framework. This surveillance measure applies enhanced price band restrictions to these scrips to prevent excessive price volatility and maintain orderly market conditions. The list includes companies across various sectors including manufacturing, infrastructure, technology, and trading.

Key Points

• 38 securities are currently under the Add-on Price Band Framework
• List includes scrip codes, ISIN numbers, and company names for easy identification
• Framework applies to securities exhibiting unusual price movements or requiring enhanced surveillance
• Covers diverse sectors: wellness, electronics, infrastructure, technology, manufacturing, and trading
• Includes both large and small cap companies with varying market capitalizations

Regulatory Changes

This is an updated list reflecting the current status of securities under the Add-on Price Band Framework. No new regulatory changes are introduced; this circular provides the latest compilation of affected securities.

Compliance Requirements

• Trading members must ensure compliance with applicable price bands for these securities
• Enhanced monitoring required for trades in these scrips
• Brokers should inform clients about the price band restrictions on these securities
• Market participants must adhere to the specific price band limits applicable to each security

Important Dates

• Circular Date: January 1, 2026
• Effective immediately for all listed securities mentioned

Impact Assessment

Market Impact: Medium - Affects trading activity in 38 specific securities. Traders and investors in these scrips will face price band restrictions that may limit intraday price movements.

Operational Impact: Trading members need to ensure their systems recognize these securities and apply appropriate price band controls. Investors holding or trading these securities should be aware of potential limitations on price discovery during volatile market conditions.

Investor Impact: Retail and institutional investors in these securities may experience restricted price movements, which could affect their ability to enter or exit positions at desired prices during periods of high volatility.

Complete List of Affected Securities

Impact Justification

Routine surveillance measure affecting 38 securities with price band restrictions to curb excessive volatility, impacts traders and investors in these specific scrips