Description
BSE revises price bands for 12 listed scrips effective March 11, 2026, with bands ranging from 2% to 20% across various equity securities.
Summary
BSE has revised the price bands for 12 equity scrips effective March 11, 2026, under its surveillance framework. The revised bands range from 2% to 20%, replacing the existing levels for each respective scrip.
Key Points
- Price bands revised for 12 scrips effective March 11, 2026
- Bands range from a restrictive 2% (Seya Industries) to 20% (Fractal Industries)
- Changes are issued by BSE Surveillance department
- Members may contact bse.surv@bseindia.com for clarifications
- Notice No: 20260310-36
Regulatory Changes
The following price band revisions have been applied:
| Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|
| 530973 | Alfa Ica India Ltd | 5% |
| 531156 | Alfavision Overseas India Ltd | 10% |
| 511246 | Bombay Talkies Ltd | 5% |
| 544707 | Fractal Industries Ltd | 20% |
| 509563 | Garware Marine Industries Ltd | 10% |
| 506134 | Gourmet Gateway India Ltd | 5% |
| 500282 | Modern Thread India Ltd | 10% |
| 538894 | Octal Credit Capital Ltd | 5% |
| 524324 | Seya Industries Ltd | 2% |
| 538667 | Sirohia & Sons Ltd | 5% |
| 524717 | Titan Biotech Ltd | 10% |
| 531069 | Vijay Solvex Ltd | 10% |
Compliance Requirements
- Trading members must adhere to the revised price bands from March 11, 2026 onwards
- Orders outside the revised price band limits will not be accepted by the exchange system
- Members requiring clarification should write to bse.surv@bseindia.com
Important Dates
- Notice Date: March 10, 2026
- Effective Date: March 11, 2026
Impact Assessment
The price band revisions restrict or expand the permissible intraday price movement for these 12 scrips. Seya Industries (524324) faces the most restrictive band at 2%, significantly limiting daily price movement. Fractal Industries (544707) receives the widest band at 20%, allowing greater price discovery. Scrips with tightened bands under surveillance may indicate concerns about unusual trading activity or volatility. Traders and investors holding positions in these scrips should be aware of the new limits to manage order placement accordingly.
Impact Justification
Price band revisions affect trading limits for 12 scrips under surveillance, directly impacting intraday price movement for traders and investors in these securities.