Description
BSE revises price bands for 22 equity scrips effective March 02, 2026, with bands set to 5%, 10%, or 20% depending on the scrip.
Summary
BSE’s Surveillance department has revised the price bands for 22 equity scrips effective March 02, 2026. The revised bands range from 5% to 20%, replacing the previously applicable price band levels for each scrip.
Key Points
- Price bands revised for 22 scrips across multiple sectors effective March 02, 2026
- Revised bands are set at 5%, 10%, or 20% depending on the individual scrip
- Five scrips (Capital Trade Links Ltd, Earkart Ltd, Hanman Fit Ltd, Kwality Walls (India) Ltd, Mahamaya Steel Industries Ltd) revised to the wider 20% band
- Eight scrips revised to a 5% band, indicating heightened surveillance concern
- Notice issued by BSE Surveillance department under Deputy Vice President Sanjay Jain and Assistant Vice President Spandan Jayadevulu
- 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 |
|---|---|---|
| 531161 | ABM Knowledgeware Ltd | 10% |
| 541702 | Ashnisha Industries Ltd | 5% |
| 751088 | AVI POLYMERS LTD. | 10% |
| 526709 | Bits Ltd | 5% |
| 538476 | Capital Trade Links Ltd | 20% |
| 542627 | Chandni Machines Ltd | 5% |
| 506373 | Citurgia Biochemicals Ltd | 5% |
| 523105 | Cropster Agro Ltd | 10% |
| 544549 | Earkart Ltd | 20% |
| 540613 | Gautam Exim Ltd | 10% |
| 538731 | Hanman Fit Ltd | 20% |
| 539384 | Krishna Capital and Securities Ltd | 5% |
| 544622 | Kwality Walls (India) Ltd | 20% |
| 513554 | Mahamaya Steel Industries Ltd | 20% |
| 751087 | ONELIFE CAPITAL ADVISORS LTD | 10% |
| 544207 | Reliable Data Services Ltd | 10% |
| 512161 | Securekloud Technologies Ltd | 10% |
| 751085 | SURYO FOODS & INDUSTRIES LTD. | 10% |
| 517201 | Switching Technologies Gunther Ltd | 5% |
| 524156 | TCM Ltd | 10% |
| 751079 | TRAVELS & RENTALS LIMITED | 5% |
| 544563 | Zelio E Mobility Ltd | 5% |
Compliance Requirements
- Trading members must note the revised price bands for the 22 listed scrips and update their trading systems accordingly before March 02, 2026
- Orders placed outside the revised price band limits will be rejected by the exchange system
- Members should communicate these changes to their clients who trade in the affected scrips
Important Dates
- Circular Date: February 27, 2026
- Effective Date: March 02, 2026 (price band revision takes effect)
Impact Assessment
This is a routine surveillance measure by BSE to control price volatility in select small-cap and micro-cap securities. Scrips assigned a tighter 5% band may indicate heightened regulatory scrutiny, potentially restricting speculative activity. Scrips moved to a wider 20% band may reflect greater liquidity or reduced surveillance concern. Trading members and retail investors in these 22 scrips should expect modified daily circuit limits from March 02, 2026 onwards, which will affect intraday price movement limits and potentially impact trading strategies.
Impact Justification
Routine surveillance-driven price band revision affecting 22 small-cap scrips. Changes are operative from a future date giving members time to prepare, but directly affects intraday trading limits and volatility controls for the named securities.