Description
BSE revises price bands for eight securities including Aptus Pharma, Colinz Laboratories, Gokak Textiles, Intec Capital, MIC Electronics, Rotographics, Sancode Technologies, and Yajur Fibres effective January 30, 2026.
Summary
BSE has revised the price bands for eight securities effective January 30, 2026. The revised price bands range from 2% to 20%, reflecting different levels of trading restrictions and surveillance measures for each scrip.
Key Points
- Eight securities affected by price band revisions
- Changes effective from January 30, 2026
- Price bands vary from 2% (most restrictive) to 20% (least restrictive)
- Aptus Pharma and Rotographics have the tightest band at 2%
- Yajur Fibres has the widest band at 20%
- Members can contact bse.surv@bseindia.com for clarifications
Regulatory Changes
Revised Price Bands
- Aptus Pharma Ltd (544529) - 2%
- Colinz Laboratories Ltd (531210) - 10%
- Gokak Textiles Ltd (532957) - 10%
- Intec Capital Ltd (526871) - 10%
- MIC Electronics Ltd (532850) - 5%
- Rotographics (India) Ltd (539922) - 2%
- Sancode Technologies Ltd (543897) - 5%
- Yajur Fibres Ltd (544676) - 20%
These revised bands replace the existing price band levels for these securities.
Compliance Requirements
- Trading members must ensure adherence to the revised price bands for the affected securities
- All trading systems must be updated to reflect the new price band restrictions
- Members should note that trades beyond the specified price bands will not be permitted
- Any clarifications should be sought from the Surveillance Department at bse.surv@bseindia.com
Important Dates
- Notice Date: January 29, 2026
- Effective Date: January 30, 2026
Impact Assessment
Trading Impact
The revised price bands will limit intraday price movements for these securities, with tighter bands (2% for Aptus Pharma and Rotographics) indicating heightened surveillance and volatility control measures. Securities with 10% bands (Colinz Laboratories, Gokak Textiles, and Intec Capital) face moderate restrictions, while Yajur Fibres with a 20% band has the most trading flexibility among the affected securities.
Market Implications
- Tighter price bands may reduce trading volumes and liquidity
- Investors should be aware of limited price discovery within the bands
- Price band changes typically indicate regulatory concerns about price volatility or trading patterns
- The varying levels suggest different risk profiles and surveillance requirements for each security
Impact Justification
Price band revisions affect trading volatility and liquidity for eight securities with bands ranging from 2% to 20%, indicating varying levels of surveillance measures