Description
BSE revises price bands for 10 securities including Bosch Home Comfort India Ltd, JTL Industries Ltd, and Mukat Pipes Ltd, effective January 20, 2026.
Summary
BSE has revised price bands for 10 securities effective January 20, 2026. The revised price bands range from 2% to 10% depending on the security. This change impacts the maximum allowable price movement for these stocks during a trading session.
Key Points
- Price band revisions effective from January 20, 2026
- 10 securities affected by the revision
- Revised bands range from 2% (tightest) to 10% (widest)
- Members can contact bse.surv@bseindia.com for clarifications
- Notice issued by BSE Surveillance department
Affected Securities
| Scrip Code | Company Name | Revised Price Band |
|---|---|---|
| 541702 | Ashnisha Industries Ltd | 2% |
| 523398 | Bosch Home Comfort India Ltd | 10% |
| 542627 | Chandni Machines Ltd | 2% |
| 530309 | Chandra Prabhu International Ltd | 5% |
| 534600 | JTL Industries Ltd | 10% |
| 539045 | Manaksia Aluminium Company Ltd | 5% |
| 500890 | Modi Rubber Ltd | 5% |
| 523832 | Mukat Pipes Ltd | 10% |
| 522091 | United Van Der Horst Ltd | 5% |
| 506640 | ZR2 Bioenergy Ltd | 10% |
Regulatory Changes
Price bands determine the maximum percentage change allowed in a stock’s price during a trading session. Tighter bands (2%) restrict price volatility, while wider bands (10%) allow greater price movement. This revision indicates BSE’s assessment of appropriate volatility limits for these securities based on surveillance criteria.
Compliance Requirements
- Trading members must update their systems to reflect the revised price bands
- Orders exceeding the new price bands will be rejected
- Members should ensure proper communication to clients regarding the revised trading parameters
Important Dates
- Notice Date: January 19, 2026
- Effective Date: January 20, 2026
Impact Assessment
The revision affects trading dynamics for the listed securities. Securities with tighter bands (2%) like Ashnisha Industries and Chandni Machines will experience restricted intraday volatility, while those with 10% bands like Bosch Home Comfort India, JTL Industries, Mukat Pipes, and ZR2 Bioenergy will have wider trading ranges. This may impact liquidity, trading strategies, and risk management for market participants dealing in these stocks.
Impact Justification
Price band revisions affect trading parameters for 10 securities, with bands ranging from 2% to 10%, impacting intraday price movement limits and trading dynamics for affected stocks.