Description

BSE revises price bands for 14 scrips including ABM Knowledgeware, AI Champdany Industries, and others, effective January 7, 2026.

Summary

BSE has revised price bands for 14 securities effective January 7, 2026, as part of surveillance measures. The revised bands range from 2% to 10%, with most securities being placed under tighter restrictions compared to standard price bands.

Key Points

  • 14 scrips will have revised price bands effective January 7, 2026
  • Price bands revised to 2%, 5%, or 10% depending on the security
  • Three securities (ABM Knowledgeware, CMX Holdings, Shentracon Chemicals) placed under strictest 2% band
  • Six securities placed under 10% band (AI Champdany, Goyal Aluminiums, Pulsar International, United Van Der Horst)
  • Five securities placed under 5% band (Betex India, Karnavati Finance, KSR Footwear, Lasa Supergenerics, Mirc Electronics, Vision Cinemas, Vivimed Labs)
  • Notice issued by Surveillance Department indicating enhanced monitoring

Regulatory Changes

Price band restrictions are being revised from existing levels to new specified percentages. This represents a surveillance measure to control volatility and unusual price movements in these specific securities.

Compliance Requirements

  • Trading members must ensure compliance with revised price bands from January 7, 2026
  • All trades must occur within the new price band limits
  • Members requiring clarification should contact bse.surv@bseindia.com

Important Dates

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

Impact Assessment

Market Impact: Medium - The revised price bands will limit intraday price movement for these 14 securities, potentially reducing trading opportunities but also protecting against excessive volatility.

Operational Impact: Trading members need to update their systems and alert clients about the tighter price movement limits for these scrips. Securities with 2% bands will have significantly restricted trading ranges.

Investor Impact: Investors holding or trading these securities will face limited price discovery and reduced intraday movement potential, which may affect liquidity and trading strategies.

Impact Justification

Price band revisions affect trading volatility limits for 14 securities, indicating enhanced surveillance measures but limited to specific scrips.