Description
BSE revises price bands for 10 scrips ranging from 2% to 20% effective January 29, 2026, affecting securities under surveillance measures.
Summary
BSE has revised price bands for 10 equity scrips effective January 29, 2026. The revisions range from stringent 2% bands to relaxed 20% bands, reflecting varying levels of surveillance measures applied to these securities.
Key Points
- 10 securities have revised price bands effective January 29, 2026
- Price bands range from 2% (most restrictive) to 20% (least restrictive)
- Most securities (4 out of 10) have 10% price bands
- Four securities have 5% bands, one has 2% band, and one has 20% band
- Changes are part of BSE’s surveillance framework
- Trading members must note these revisions for trade execution
Securities Affected
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 531658 | Abate As Industries Ltd | 5% |
| 542770 | Alphalogic Techsys Ltd | 10% |
| 530075 | Antelopus Selan Energy Ltd | 10% |
| 539335 | CHPL Industries Ltd | 2% |
| 539839 | Franklin Leasing and Finance Ltd | 10% |
| 544675 | Gabion Technologies India Ltd | 20% |
| 539120 | Grameva Ltd | 5% |
| 532359 | Hit Kit Global Solutions Ltd | 5% |
| 539495 | Rajkot Investment Trust Ltd | 5% |
| 526075 | Rekvina Laboratories Ltd | 10% |
Regulatory Changes
Price band adjustments are surveillance tools used by BSE to control excessive volatility and protect investors. Tighter bands (2-5%) indicate heightened surveillance, while wider bands (20%) suggest relaxation of restrictions.
Compliance Requirements
- Trading members must implement revised price bands in their trading systems before market opening on January 29, 2026
- All orders must comply with the new price band limits
- Risk management systems should be updated to reflect new parameters
- For clarifications, members may contact bse.surv@bseindia.com
Important Dates
- Notice Date: January 28, 2026
- Effective Date: January 29, 2026
Impact Assessment
Trading Impact: Securities with tighter bands (2-5%) will experience limited intraday price movement, potentially affecting liquidity. CHPL Industries Ltd with 2% band faces the most restrictive trading environment. Gabion Technologies India Ltd with 20% band experiences the most relaxed conditions.
Market Participants: Day traders and short-term traders in affected scrips need to adjust strategies. Institutional investors may face difficulty in building or exiting large positions in tightly banded securities.
Liquidity: Tighter price bands typically reduce trading volumes as price discovery is constrained within narrow ranges.
Impact Justification
Price band revisions affect trading parameters for 10 securities, indicating enhanced surveillance measures. Impacts liquidity and trading activity for affected scrips.