Description

BSE announces revised price bands for 14 securities ranging from 2% to 10%, effective from January 7, 2026, as part of surveillance measures.

Summary

BSE has revised price bands for 14 securities effective January 7, 2026. The revised bands range from 2% to 10%, representing tightened trading limits from their previous levels. This action is taken under surveillance measures to control excessive price volatility in these scrips.

Key Points

  • 14 securities will have revised price bands from January 7, 2026
  • Price bands range from 2% (tightest) to 10% (most relaxed)
  • Three securities (ABM Knowledgeware, CMX Holdings, Shentracon Chemicals) face the strictest 2% band
  • Five securities assigned 10% price band (AI Champdany Industries, Goyal Aluminiums, PULSAR International, United Van Der Horst)
  • Seven securities assigned 5% price band
  • Changes apply to Equity segment
  • Queries to be directed to bse.surv@bseindia.com

Affected Securities Details

Scrip CodeCompany NameNew Price Band
531161ABM Knowledgeware Ltd2%
532806AI Champdany Industries Ltd10%
512477Betex India Ltd5%
532217CMX Holdings Ltd2%
541152Goyal Aluminiums Ltd10%
538928Karnavati Finance Ltd5%
544615KSR Footwear Ltd5%
540702Lasa Supergenerics Ltd5%
500279Mirc Electronics Ltd5%
751071PULSAR International Limited10%
530757Shentracon Chemicals Ltd2%
522091United Van Der Horst Ltd10%
526441Vision Cinemas Ltd5%
532660Vivimed Labs Ltd5%

Regulatory Changes

Price bands have been revised downward from existing levels, indicating enhanced surveillance measures. The tighter bands are designed to restrict daily price movements and curb excessive volatility in these securities.

Compliance Requirements

  • Trading members must ensure all trades in these securities comply with the new price band limits
  • Order entry systems should be updated to reflect new price bands before market opening on January 7, 2026
  • Members should communicate these changes to their clients trading in affected securities
  • Any clarifications required should be sent to bse.surv@bseindia.com

Important Dates

  • Notice Date: January 6, 2026
  • Effective Date: January 7, 2026

Impact Assessment

Trading Impact: The revised price bands will restrict intraday price movements in these 14 securities, potentially reducing trading volumes and liquidity. Securities with 2% bands will face the most significant trading restrictions.

Investor Impact: Investors holding or trading these securities will experience limited price discovery and may face difficulty entering or exiting positions at desired prices due to restricted price ranges.

Market Signal: These revisions signal heightened regulatory concern about volatility in these specific stocks, which may indicate underlying fundamental issues or speculative activity. Investors should exercise increased caution when trading these securities.

Impact Justification

Affects 14 securities with tightened price bands indicating enhanced surveillance due to volatility concerns. Direct trading impact on affected stocks but limited to specific scrips.