Description
BSE revises price bands for 17 equity scrips effective February 26, 2026, with bands set at 2%, 5%, 10%, or 20% under surveillance measures.
Summary
BSE has revised the price bands for 17 equity scrips effective February 26, 2026, as part of its surveillance function. The revised bands range from 2% to 20% depending on the scrip, limiting the permissible intraday price movement for each affected security.
Key Points
- 17 scrips have had their price bands revised effective February 26, 2026
- Price bands are set at four levels: 2%, 5%, 10%, and 20%
- 4 scrips (Mudunuru Ltd, Ramchandra Leasing & Finance Ltd, Sancode Technologies Ltd, Shentracon Chemicals Ltd) assigned the most restrictive 2% band
- 3 scrips (AVI Polymers Ltd, Onelife Capital Advisors Ltd, Suryo Foods & Industries Ltd) assigned the widest 20% band
- The circular was issued by BSE Surveillance department
- Trading members may contact bse.surv@bseindia.com for clarifications
Regulatory Changes
Price bands for the following scrips have been revised:
| Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|
| 751088 | AVI Polymers Ltd | 20% |
| 539946 | Bazel International Ltd | 10% |
| 544198 | Dee Development Engineers Ltd | 10% |
| 544156 | Gconnect Logitech and Supply Chain Ltd | 5% |
| 538743 | Mudunuru Ltd | 2% |
| 751087 | Onelife Capital Advisors Ltd | 20% |
| 523151 | OTCO International Ltd | 5% |
| 538742 | Panabyte Technologies Ltd | 5% |
| 538540 | Ramchandra Leasing & Finance Ltd | 2% |
| 512047 | Royal India Corporation Ltd | 5% |
| 535621 | S V Global Mill Ltd | 5% |
| 543897 | Sancode Technologies Ltd | 2% |
| 530757 | Shentracon Chemicals Ltd | 2% |
| 524642 | Sikozy Realtors Ltd | 5% |
| 751085 | Suryo Foods & Industries Ltd | 20% |
| 531652 | UVS Hospitality And Services Ltd | 10% |
| 524212 | Wanbury Ltd | 5% |
Compliance Requirements
- Trading members must note the revised price bands and ensure orders for the affected scrips comply with the new limits from February 26, 2026
- No specific action required beyond awareness; the exchange systems will enforce the new bands automatically
- For clarifications, members may write to bse.surv@bseindia.com
Important Dates
- Notice Date: February 25, 2026
- Effective Date: February 26, 2026
Impact Assessment
The revision of price bands is a standard surveillance tool used by BSE to control volatility in securities that may be exhibiting unusual price movements or trading patterns. Scrips assigned narrower bands (2%) face the most restrictive trading conditions, potentially limiting liquidity and price discovery. Scrips at 20% retain relatively wider movement room. Traders and investors holding positions in these 17 scrips should be aware of the tighter daily limits, which could affect order execution and exit strategies particularly for illiquid counters.
Impact Justification
Routine surveillance-driven price band revisions affecting 17 scrips; directly restricts daily trading range for these securities starting next trading day.