Description
BSE announces revised price bands for 12 securities including AuSom Enterprise, Avro India, Best Agrolife, and others, effective from January 22, 2026.
Summary
BSE has revised price bands for 12 scrips in the equity segment, effective from January 22, 2026. The changes include adjustments ranging from 2% to 20% bands across various securities. This circular is issued by the Surveillance department and requires trading members to note the revised limits for the affected securities.
Key Points
- Price bands revised for 12 scrips effective January 22, 2026
- Revised bands range from 2% (Krishna Capital) to 20% (Modern Diagnostic)
- Majority of scrips (8 out of 12) have been assigned a 5% price band
- Changes initiated by BSE Surveillance department
- Trading members must update their systems with new price band limits
- Clarifications can be directed to bse.surv@bseindia.com
Regulatory Changes
The following price band revisions have been implemented:
5% Price Band: AuSom Enterprise Ltd (509009), Avro India Ltd (543512), Best Agrolife Ltd (539660), Mukat Pipes Ltd (523832), Novateor Research Laboratories Ltd (542771), PG Foils Ltd (526747), Shahlon Silk Industries Ltd (542862), Sudarshan Pharma Industries Ltd (543828), Wardwizard Innovations & Mobility Ltd (538970)
2% Price Band: Krishna Capital and Securities Ltd (539384)
10% Price Band: Neopolitan Pizza And Foods Ltd (544269)
20% Price Band: Modern Diagnostic & Research Centre Ltd (544673)
Compliance Requirements
- Trading members must update their trading systems to reflect the new price bands
- Risk management systems must be adjusted for the revised price movement limits
- Members should ensure proper implementation before market opening on January 22, 2026
- Any clarifications required should be directed to the surveillance team at bse.surv@bseindia.com
Important Dates
- Notice Date: January 21, 2026
- Effective Date: January 22, 2026
- Notice Number: 20260121-29
Impact Assessment
Trading Impact: The revised price bands will restrict the daily price movement of these securities, with tighter bands (2-5%) indicating higher surveillance requirements. This may reduce intraday volatility but could also impact liquidity for the affected scrips.
Market Participants: Trading members and investors in these securities must be aware that price movements will be constrained within the new bands. The tighter bands suggest these securities may be under enhanced surveillance due to volatility concerns or other regulatory considerations.
Operational Impact: Brokers and trading platforms need to update their systems immediately to prevent order rejections or trading disruptions when the new bands become effective.
Impact Justification
Price band revisions affect trading ranges for 12 securities with varied bands from 2% to 20%, indicating heightened surveillance measures for these scrips that impact trading members and investors.