Description

BSE announces revised price bands for nine securities including Bizotic Commercial, Dachepalli Publishers, Eureka Industries, and others, effective from January 13, 2026.

Summary

BSE has revised the price bands for nine securities effective from January 13, 2026. The price bands range from 2% to 20%, representing changes from their existing levels. This surveillance measure is designed to control volatility and ensure orderly trading in these securities.

Key Points

  • Nine securities subject to revised price bands effective January 13, 2026
  • Price bands vary from 2% (most restrictive) to 20% (least restrictive)
  • Bizotic Commercial Ltd has the most restrictive band at 2%
  • Dachepalli Publishers Ltd and Olympic Management & Financial Services Ltd have 20% bands
  • PG Foils Ltd has a 10% band
  • Remaining five securities have 5% price bands
  • Changes implemented as surveillance measures

Regulatory Changes

BSE is modifying price band restrictions on nine securities as part of its surveillance framework. Price bands limit the maximum price movement (up or down) that a security can experience in a single trading day. Tighter bands indicate heightened surveillance and greater restrictions on price volatility.

Compliance Requirements

  • Trading members must ensure compliance with revised price bands from January 13, 2026
  • All trades in affected securities must remain within the specified price band limits
  • Members requiring clarifications should contact BSE at bse.surv@bseindia.com
  • Systems and algorithms must be updated to reflect new price band restrictions

Important Dates

  • Notice Date: January 12, 2026
  • Effective Date: January 13, 2026

Impact Assessment

Market Impact: Traders and investors in these nine securities will experience varying levels of trading restrictions based on the assigned price bands. Securities with tighter bands (2%, 5%) will have limited intraday price movement, potentially affecting liquidity and trading strategies. Those with wider bands (20%) will have greater price discovery flexibility.

Operational Impact: Trading members must update their risk management systems and surveillance tools to accommodate the new price bands. Algorithmic trading systems may require recalibration to function within the revised limits.

Investor Impact: Investors holding or trading these securities should be aware that price movements will be constrained within the specified bands, which may affect exit or entry strategies for short-term positions.

Impact Justification

Price band revisions affect trading volatility limits for nine securities, impacting traders and investors in these specific stocks. Changes range from 2% to 20% bands, indicating varying levels of surveillance measures.