Description
BSE announces revised price bands for 13 scrips including Apoorva Leasing, Arunis Abode, and others, with bands ranging from 2% to 20%, effective from February 4, 2026.
Summary
BSE has revised price bands for 13 securities effective February 4, 2026. The revised bands range from 2% to 20%, representing tighter trading limits compared to previous levels. This action is part of surveillance measures to control excessive volatility in these scrips.
Key Points
- 13 securities will have revised price bands starting February 4, 2026
- Price bands range from 2% (most restrictive) to 20% (least restrictive)
- Six securities assigned 2% price band (most restrictive category)
- Two securities assigned 20% price band (GRE Renew Enertech Ltd and INDO SMC Ltd)
- Changes implemented by BSE Surveillance Department
Securities Affected
| Scrip Code | Company Name | New Price Band |
|---|---|---|
| 539545 | Apoorva Leasing Finance and Investment Company Ltd | 5% |
| 526935 | Arunis Abode Ltd | 2% |
| 512301 | Chambal Breweries & Distilleries Ltd | 2% |
| 526977 | Crimson Metal Engineering Company Ltd | 2% |
| 532332 | Cura Technologies Ltd | 2% |
| 544682 | GRE Renew Enertech Ltd | 20% |
| 539697 | Hiliks Technologies Ltd | 2% |
| 544681 | INDO SMC Ltd | 20% |
| 544680 | Narmadesh Brass Industries Ltd | 10% |
| 521246 | Paras Petrofils Ltd | 5% |
| 514223 | Ramgopal Polytex Ltd | 2% |
| 539435 | Richfield Financial Services Ltd | 5% |
| 513063 | Trans Freight Containers Ltd | 10% |
Compliance Requirements
- Trading members must ensure compliance with revised price bands from February 4, 2026
- All trading systems must be updated to reflect new price band limits
- Members requiring clarification should contact bse.surv@bseindia.com
Important Dates
- Notice Date: February 3, 2026
- Effective Date: February 4, 2026
Impact Assessment
The revised price bands will limit intraday price movements for these securities, reducing trading volatility and potentially impacting liquidity. The tighter bands (particularly 2% and 5%) suggest these securities may have exhibited unusual price behavior or volatility requiring enhanced surveillance. Traders and investors in these scrips should adjust their strategies to account for restricted daily price ranges.
Impact Justification
Price band revisions affect trading volatility limits for 13 securities, indicating enhanced surveillance measures. Impact is limited to specific scrips but signals regulatory monitoring.