Description
BSE announces revised price bands for 9 scrips including IIFL Finance Ltd (20%), Luxury Time Ltd (5%), MPDL Ltd (5%), and Thrive Future Habitats Ltd (2%), effective from January 28, 2026.
Summary
BSE has revised price bands for 9 securities effective January 28, 2026. The changes include IIFL Finance Ltd moving to a 20% price band, while most others have restrictive bands ranging from 2% to 10%. Luxury Time Ltd and MPDL Ltd will have 5% bands, and Thrive Future Habitats Ltd will operate under the most restrictive 2% band.
Key Points
- 9 securities affected by price band revisions
- Changes effective from January 28, 2026
- IIFL Finance Ltd receives widest band at 20%
- Thrive Future Habitats Ltd has most restrictive band at 2%
- Price bands range from 2% to 20% across affected securities
- Members can seek clarifications at bse.surv@bseindia.com
Regulatory Changes
Price bands have been revised from existing levels for surveillance purposes. The revised bands indicate varying levels of trading restrictions based on BSE’s surveillance framework.
Affected Securities
| Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|
| 532090 | Atvo Enterprises Ltd | 10% |
| 531112 | Balu Forge Industries Ltd | 10% |
| 512493 | Garnet International Ltd | 10% |
| 532636 | IIFL Finance Ltd | 20% |
| 523475 | Lotus Chocolate Company Ltd | 10% |
| 544635 | Luxury Time Ltd | 5% |
| 532723 | MPDL Ltd | 5% |
| 544292 | Onesource Specialty Pharma Ltd | 10% |
| 523120 | Thrive Future Habitats Ltd | 2% |
Compliance Requirements
- Trading members must adhere to revised price bands from January 28, 2026
- All trades must be executed within the specified price band limits
- Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: January 27, 2026
- Effective Date: January 28, 2026
Impact Assessment
The price band revisions will impact trading flexibility for these securities. IIFL Finance Ltd, being a significant financial services entity, receives a relatively wider 20% band, allowing greater price discovery. Seven securities have 10% bands, indicating moderate surveillance concerns. The 5% bands for Luxury Time Ltd and MPDL Ltd, and particularly the 2% band for Thrive Future Habitats Ltd, suggest heightened surveillance measures and will significantly restrict intraday price movements for these stocks.
Impact Justification
Price band changes affect trading flexibility for 9 securities, with IIFL Finance being the most notable as a larger entity. Most bands remain restrictive (2-10%), indicating enhanced surveillance measures.