Description

BSE announces revised price band percentages for 17 scrips including CDG Petchem, Fabino Enterprises, and Vineet Laboratories, effective from January 6, 2026.

Summary

BSE has revised the price bands for 17 securities effective January 6, 2026. The revised price bands range from 2% to 20%, representing tightened trading restrictions on these scrips. This is a surveillance measure aimed at controlling excessive price volatility in these securities.

Key Points

  • 17 securities will have revised price bands effective January 6, 2026
  • Price band restrictions range from 2% (most restrictive) to 20% (least restrictive)
  • 4 scrips have 2% price band: CDG Petchem, Mahamaya Steel Industries, Mega Nirman and Industries, SC Agrotech, and Regal Entertainment
  • 2 scrips have 20% price band: Simandhar Impex and Vineet Laboratories
  • Trading members are required to adhere to these revised bands
  • Clarifications can be sought via bse.surv@bseindia.com

Affected Securities

2% Price Band:

  • CDG Petchem Ltd (534796)
  • Mahamaya Steel Industries Ltd (513554)
  • Mega Nirman and Industries Ltd (539767)
  • Regal Entertainment & Consultants Ltd (531033)
  • SC Agrotech Ltd (526081)

5% Price Band:

  • Fabino Enterprises Ltd (543444)
  • Jhandewalas Foods Ltd (540850)
  • KMF Builders & Developers Ltd (531578)
  • Sattrix Information Security Ltd (544189)
  • Shipwaves Online Ltd (544646)
  • Vipul Ltd (511726)

10% Price Band:

  • Naksh Precious Metals Ltd (539402)
  • Neptune Logitek Ltd (544663)
  • Orient Technologies Ltd (544235)
  • Royal Cushion Vinyl Products Ltd (526193)

20% Price Band:

  • Simandhar Impex Ltd (544662)
  • Vineet Laboratories Limited (751072)

Regulatory Changes

Price band revisions are surveillance measures to control price volatility. These restrictions limit the maximum price movement (both upward and downward) that a security can experience in a single trading day from its previous closing price.

Compliance Requirements

  • Trading members must ensure all trades in the affected scrips adhere to the revised price bands
  • Orders placed outside the applicable price band will be rejected
  • Members should update their risk management systems to reflect the new price bands
  • Any clarifications should be directed to bse.surv@bseindia.com

Important Dates

  • Notice Date: January 5, 2026
  • Effective Date: January 6, 2026

Impact Assessment

Market Impact: The tighter price bands (especially 2% and 5%) will significantly restrict intraday price movements for affected securities, potentially reducing trading volumes and liquidity in these scrips. This may impact traders who rely on volatility for short-term strategies.

Operational Impact: Trading members must update their systems and processes to enforce the revised price bands. Investors holding these securities should be aware that price discovery may be constrained due to the restricted trading range.

Surveillance Context: These revisions indicate BSE’s heightened surveillance on these securities, possibly due to concerns about excessive speculation, price manipulation, or unusual trading patterns. The varying levels of restriction (2% to 20%) suggest different risk profiles across the affected scrips.

Impact Justification

Affects trading parameters for 17 securities with varying price band restrictions from 2% to 20%, indicating increased surveillance measures for these scrips.