Description

BSE announces revised price bands for 10 securities ranging from 2% to 20%, effective January 29, 2026, as part of surveillance measures.

Summary

BSE has revised price bands for 10 securities effective January 29, 2026. The revisions range from 2% to 20% and are part of the exchange’s surveillance measures. Price bands restrict the maximum price movement allowed in a single trading session.

Key Points

  • 10 securities affected by price band revisions
  • Changes effective from January 29, 2026
  • Price bands range from 2% (most restrictive) to 20% (least restrictive)
  • Notice issued by BSE Surveillance Department
  • Members can seek clarifications at bse.surv@bseindia.com

Regulatory Changes

Revised price bands for the following securities:

  1. Abate As Industries Ltd (531658) - 5% price band
  2. Alphalogic Techsys Ltd (542770) - 10% price band
  3. Antelopus Selan Energy Ltd (530075) - 10% price band
  4. CHPL Industries Ltd (539335) - 2% price band (most restrictive)
  5. Franklin Leasing and Finance Ltd (539839) - 10% price band
  6. Gabion Technologies India Ltd (544675) - 20% price band (least restrictive)
  7. Grameva Ltd (539120) - 5% price band
  8. Hit Kit Global Solutions Ltd (532359) - 5% price band
  9. Rajkot Investment Trust Ltd (539495) - 5% price band
  10. Rekvina Laboratories Ltd (526075) - 10% price band

Compliance Requirements

  • Trading members must ensure compliance with revised price bands from January 29, 2026
  • All trades in affected securities must adhere to new price band limits
  • Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com

Important Dates

  • Notice Date: January 28, 2026
  • Effective Date: January 29, 2026

Impact Assessment

Market Impact: Price band revisions directly affect intraday trading volatility. Tighter bands (2%-5%) indicate heightened surveillance concerns and restrict price movements, potentially reducing liquidity and trading volumes. Wider bands (20%) suggest normalization or reduced surveillance.

Trading Impact:

  • CHPL Industries Ltd faces the tightest restriction at 2%, significantly limiting price discovery
  • Gabion Technologies India Ltd has the widest band at 20%, allowing normal price movements
  • Six securities have moderate restrictions (10% bands)
  • Three securities have 5% bands indicating moderate surveillance concern

Investor Impact: Investors in these securities should be aware of limited price movement ranges, which may affect entry/exit strategies and order execution.

Impact Justification

Price band revisions affect trading volatility limits for 10 securities, with bands ranging from tight 2% to wide 20%, indicating varying levels of surveillance concern and potential impact on trading activity.