Description

BSE revises price bands for 20 securities effective January 02, 2026, with bands ranging from 2% to 20%.

Summary

BSE has revised price bands for 20 securities effective January 02, 2026. The revised price bands range from 2% to 20%, reflecting varying levels of trading restrictions imposed as surveillance measures. Trading members have been notified of these changes through Notice No 20260101-24.

Key Points

  • 20 securities affected by price band revisions
  • Changes effective from January 02, 2026
  • Price bands range from 2% (tightest) to 20% (widest)
  • Most restrictive 2% band applies to: Bandaram Pharma Packtech, Organic Coatings, and Tejassvi Aaharam
  • Widest 20% band applies to: HRS Aluglaze and Pajson Agro India
  • 5% band applies to 8 securities; 10% band applies to 7 securities
  • Members can contact bse.surv@bseindia.com for clarifications

Regulatory Changes

Price band revisions represent surveillance measures to control volatility and protect investors. The varying percentages indicate different risk profiles:

2% Price Band (3 securities): Bandaram Pharma Packtech, Organic Coatings, Tejassvi Aaharam

5% Price Band (8 securities): Integrated Industries, Kiduja India, LE Lavoir, Nagpur Power & Industries, Shiva Granito Export, Shree Metalloys, Trustedge Capital, Western Overseas Study Abroad

10% Price Band (7 securities): Aerpace Industries, Jupiter Infomedia, KSR Footwear, Palco Metals, TILAK VENTURES, Vision Cinemas, Vivimed Labs

20% Price Band (2 securities): HRS Aluglaze, Pajson Agro India

Compliance Requirements

  • Trading members must ensure compliance with revised price bands from January 02, 2026
  • All trades must be executed within the specified price band limits
  • Members should update their trading systems to reflect new price band restrictions
  • Queries regarding implementation should be directed to bse.surv@bseindia.com

Important Dates

  • Notice Date: January 01, 2026
  • Effective Date: January 02, 2026

Impact Assessment

The price band revisions will impact trading activity in these 20 securities by limiting intraday price movements. Tighter bands (2%-5%) indicate heightened surveillance and will restrict volatility significantly, potentially reducing liquidity but protecting against excessive speculation. Securities with wider bands (10%-20%) have relatively more trading flexibility. Market participants should adjust their trading strategies accordingly and be aware of the increased surveillance measures on these scrips.

Impact Justification

Routine surveillance measure affecting 20 securities with varied price band restrictions to manage volatility and protect investors