Description

BSE revises price bands for 14 scrips effective February 25, 2026, with bands ranging from 2% to 20% across equity segment securities.

Summary

BSE has revised price bands for 14 equity scrips effective February 25, 2026. The revisions are part of BSE’s ongoing surveillance activity to manage volatility, with bands set between 2% and 20% depending on the scrip.

Key Points

  • Price bands revised for 14 scrips across the equity segment
  • Effective date: February 25, 2026
  • Bands range from 2% (tightest) to 20% (widest)
  • IRCTC (542830) receives the widest band at 20%
  • Six scrips assigned a 5% band; three scrips assigned a 2% band
  • Issued under Notice No. 20260224-34 by BSE Surveillance department

Regulatory Changes

The following price band revisions have been made:

Scrip CodeScrip NameRevised Price Band
532290BLB Ltd5%
506373Citurgia Biochemicals Ltd10%
531360Golechha Global Finance Ltd5%
531840IEC Education Ltd5%
542830Indian Railway Catering and Tourism Corporation Ltd (IRCTC)20%
540850Jhandewalas Foods Ltd5%
539014Kalpa Commercial Ltd2%
537707Laddu Gopal Online Services Ltd5%
534422Looks Health Services Ltd2%
526345Panjon Ltd10%
540703Pro Clb Global Ltd2%
500285SpiceJet Ltd10%
500422Transchem Ltd2%
751079Travels & Rentals Ltd10%

Compliance Requirements

  • Trading members must note the revised price bands and update their systems accordingly before market open on February 25, 2026.
  • For clarifications, members may contact BSE Surveillance at bse.surv@bseindia.com.

Important Dates

  • Notice Date: February 24, 2026
  • Effective Date: February 25, 2026

Impact Assessment

The revisions directly affect the daily trading range permissible for these 14 scrips. Tighter bands (2%) on scrips like Kalpa Commercial, Looks Health Services, Pro Clb Global, and Transchem indicate heightened surveillance concern. The wider 20% band for IRCTC suggests relaxation of restrictions, consistent with its large-cap, high-liquidity profile. SpiceJet’s 10% band reflects moderate volatility management for the financially stressed airline. Traders and algorithmic systems must adjust order price limits before the effective date to avoid order rejections.

Impact Justification

Price band revisions affect trading limits for 14 stocks, including notable names like SpiceJet and IRCTC. Changes are operational/surveillance-driven and affect intraday volatility limits but not fundamental trading access.