Description
BSE revises price bands for nine scrips including DCM Shriram Industries, Earkart, GEM Enviro Management, and others, effective from January 9, 2026.
Summary
BSE has announced revised price bands for nine equity securities effective from January 9, 2026. The price bands range from 2% to 20%, with varying levels of restrictions applied to different scrips as part of surveillance measures.
Key Points
- Price band revisions effective from January 9, 2026
- Nine scrips affected with bands ranging from 2% to 20%
- DCM Shriram Industries Ltd receives the widest band at 20%
- Earkart Ltd and Jeevan Scientific Technology Ltd have the most restrictive 2% band
- Sangam Finserv Ltd assigned a 10% price band
- Five companies (GEM Enviro, Golkonda Aluminium, Hardwyn India, IFB Agro, Palco Metals) receive 5% bands
- Notice issued by BSE Surveillance Department
- Clarifications can be sought at bse.surv@bseindia.com
Regulatory Changes
BSE has implemented price band modifications as a surveillance measure. The revised price bands are:
| Scrip Code | Company Name | Revised Price Band |
|---|---|---|
| 523369 | DCM Shriram Industries Ltd | 20% |
| 544549 | Earkart Ltd | 2% |
| 544199 | GEM Enviro Management Ltd | 5% |
| 513309 | Golkonda Aluminium Extrusions Ltd | 5% |
| 541276 | Hardwyn India Ltd | 5% |
| 507438 | IFB Agro Industries Ltd | 5% |
| 538837 | Jeevan Scientific Technology Ltd | 2% |
| 539121 | Palco Metals Ltd | 5% |
| 538714 | Sangam Finserv Ltd | 10% |
Compliance Requirements
- Trading members must adhere to the revised price bands from January 9, 2026
- All trades in the mentioned scrips must be executed within the new price band limits
- Members requiring clarification should contact BSE surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: January 8, 2026
- Effective Date: January 9, 2026
Impact Assessment
The price band revisions indicate heightened surveillance on these securities, likely due to unusual price movements or volatility concerns. Tighter price bands (2% for Earkart and Jeevan Scientific) will significantly restrict intraday price movements and may reduce trading volumes. The 20% band for DCM Shriram Industries suggests a relaxation or normalization of trading restrictions. Traders and investors in these scrips should expect limited price discovery and potentially reduced liquidity during the period these bands remain in effect.
Impact Justification
Price band revisions affect trading dynamics for nine securities, indicating surveillance measures that could impact liquidity and volatility for these specific scrips.