Description
BSE revises price bands for 11 scrips effective March 12, 2026, with bands ranging from 2% to 10% across equity segments.
Summary
BSE has revised the price bands for 11 equity scrips effective March 12, 2026. The revisions are part of BSE’s surveillance measures and affect various companies across different sectors, with new price bands set between 2% and 10%.
Key Points
- 11 scrips have had their price bands revised effective March 12, 2026
- Price bands revised to levels of 2%, 5%, or 10% depending on the scrip
- S&S Power Switchgear Ltd (517273) receives the most restrictive band at 2%
- Three scrips — Identixweb Ltd, Svaraj Trading & Agencies Ltd, and Yashhtej Industries — receive 10% bands
- Seven scrips are assigned 5% price bands
- Action taken by BSE Surveillance department
Regulatory Changes
Price bands have been revised for the following scrips:
| Sr. No. | Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|---|
| 1 | 544491 | Gem Aromatics Ltd | 5% |
| 2 | 544388 | Identixweb Ltd | 10% |
| 3 | 507759 | Lime Chemicals Ltd | 5% |
| 4 | 539200 | Noble Polymers Ltd | 5% |
| 5 | 517273 | S&S Power Switchgear Ltd | 2% |
| 6 | 540914 | SRU Steels Ltd | 5% |
| 7 | 511700 | Standard Capital Markets Ltd | 5% |
| 8 | 503624 | Svaraj Trading & Agencies Ltd | 10% |
| 9 | 524717 | Titan Biotech Ltd | 5% |
| 10 | 530521 | Virat Industries Ltd | 5% |
| 11 | 544708 | Yashhtej Industries (India) Ltd | 10% |
Compliance Requirements
- Trading members must adhere to the revised price bands for the listed scrips from March 12, 2026 onwards
- Orders placed outside the revised price bands will not be accepted by the exchange
- Members may contact BSE Surveillance at bse.surv@bseindia.com for any clarifications
Important Dates
- Notice Date: March 11, 2026
- Effective Date: March 12, 2026
Impact Assessment
The price band revisions restrict the daily trading range for these 11 securities. Tighter bands (e.g., 2% for S&S Power Switchgear) significantly limit intraday price movement, reducing volatility but also potentially impacting liquidity. Traders and investors holding positions in these scrips should be aware of the new trading limits. The revisions are a standard surveillance tool used by BSE to manage abnormal price movements and protect market integrity.
Impact Justification
Price band revisions affect trading limits for 11 specific scrips, impacting intraday volatility and liquidity for those securities; routine surveillance action with moderate market impact.