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 listed scrips effective March 12, 2026, under Notice No. 20260311-38. The revisions are part of BSE’s ongoing surveillance measures and affect equity segment securities with new bands ranging from 2% to 10%.
Key Points
- Price band revisions effective from March 12, 2026
- 11 scrips affected across the equity segment
- Revised bands range from 2% (S&S Power Switchgear Ltd) to 10% (Identixweb Ltd, Svaraj Trading & Agencies Ltd, Yashhtej Industries (India) Ltd)
- Action taken by BSE Surveillance department
- Members may contact bse.surv@bseindia.com for clarifications
Regulatory Changes
The following price band changes have been made:
| 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 note the revised price bands and ensure compliance from March 12, 2026
- Orders placed in these scrips must fall within the newly revised price band limits
- Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Circular Date: March 11, 2026
- Effective Date: March 12, 2026
Impact Assessment
The price band revisions tighten or adjust trading limits for 11 scrips, which will restrict daily price movement to the specified percentage. S&S Power Switchgear Ltd faces the most restrictive band at 2%, indicating heightened surveillance concern. The 10% band assigned to Identixweb Ltd, Svaraj Trading & Agencies Ltd, and Yashhtej Industries (India) Ltd suggests relatively more flexibility. These changes primarily affect retail and intraday traders in these securities, potentially reducing volatility but also limiting price discovery in the short term.
Impact Justification
Routine surveillance-driven price band revisions affecting 11 small/mid-cap scrips; directly impacts intraday trading limits for these securities but is a common regulatory action.