Description
BSE revises price bands for 15 scrips effective March 5, 2026, with bands ranging from 2% to 20% across equity segments.
Summary
BSE has revised price bands for 15 equity scrips effective March 5, 2026, as part of its ongoing surveillance measures. The revised bands range from 2% to 20%, reflecting risk-based adjustments for individual securities.
Key Points
- Price bands revised for 15 scrips effective March 05, 2026
- Bands vary by scrip: 2%, 5%, 10%, and 20% limits applied
- Issued under Notice No. 20260304-46 by BSE Surveillance department
- Trading members must adhere to new price limits from the effective date
- Queries to be directed to bse.surv@bseindia.com
Regulatory Changes
The following price band revisions have been implemented:
| Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|
| 531681 | Amerise Biosciences Ltd | 10% |
| 539946 | Bazel International Ltd | 5% |
| 542668 | Evans Electric Ltd | 10% |
| 533638 | Flexituff Ventures International Ltd | 5% |
| 540938 | Gujarat Hy-Spin Ltd | 10% |
| 523467 | Jai Mata Glass Ltd | 5% |
| 533482 | Kridhan Infra Ltd | 10% |
| 543460 | Quality RO Industries Ltd | 5% |
| 544456 | R M Drip and Sprinklers Systems Ltd | 5% |
| 751091 | Sadhana Nitrochem Ltd | 20% |
| 531794 | Seshachal Technologies Ltd | 2% |
| 526883 | Shikhar Consultants Ltd | 2% |
| 540914 | SRU Steels Ltd | 10% |
| 509953 | Trade Wings Ltd | 2% |
| 511726 | Vipul Ltd | 2% |
Compliance Requirements
- Trading members must observe the revised price bands for the affected scrips from March 5, 2026 onwards
- Orders placed outside the revised price band limits will not be accepted by the exchange system
- Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: March 4, 2026
- Effective Date: March 5, 2026
Impact Assessment
The revisions affect 15 scrips across various sectors. Four scrips (Seshachal Technologies, Shikhar Consultants, Trade Wings, Vipul) face restrictive 2% bands, indicating heightened surveillance concern. Sadhana Nitrochem receives a wider 20% band, potentially allowing more price discovery. The tighter bands on certain scrips will limit intraday volatility and may reduce liquidity for those securities. Traders and investors holding positions in these scrips should be aware of the new daily movement limits.
Impact Justification
Routine surveillance-driven price band revisions affecting 15 scrips; impacts day traders and investors in these specific stocks but is a standard regulatory measure with limited broader market significance.