Description
BSE revises price bands for 30 scrips effective March 16, 2026, with bands ranging from 2% to 20% across various equity securities.
Summary
BSE’s Surveillance department has revised price bands for 30 equity scrips, effective March 16, 2026. The revisions cover a range of price band levels — 2%, 5%, 10%, and 20% — applied based on surveillance assessments of individual securities. Trading members are advised to take note of the new limits before market open on March 16, 2026.
Key Points
- Price bands revised for 30 scrips across BSE equity segment
- Effective date: March 16, 2026
- Revised bands range from 2% (tightest) to 20% (widest)
- Two scrips assigned the most restrictive 2% band: Maruti Interior Products Ltd (543464) and Take Solutions Ltd (532890)
- Two scrips assigned a 20% band: Bharatrohan Airborne Innovations Ltd (544535) and Gaudium IVF and Women Health Ltd (544709)
- Circular issued by BSE Surveillance department (Sanjay Jain, Deputy Vice President; Arpita Joshi, Manager)
Regulatory Changes
Price bands (circuit filters) for the following scrips have been revised:
| Scrip Code | Scrip Name | New Price Band |
|---|---|---|
| 531156 | Alfavision Overseas India Ltd | 5% |
| 530705 | Anirit Ventures Ltd | 5% |
| 537766 | B.C. Power Controls Ltd | 10% |
| 544535 | Bharatrohan Airborne Innovations Ltd | 20% |
| 540310 | Classic Filaments Ltd | 5% |
| 531460 | Continental Controls Ltd | 5% |
| 543475 | Ekennis Software Service Ltd | 10% |
| 508980 | Frontier Capital Ltd | 10% |
| 507962 | Fynx Capital Ltd | 5% |
| 544709 | Gaudium IVF and Women Health Ltd | 20% |
| 543324 | Gretex Corporate Services Ltd | 5% |
| 531341 | Gujarat Investa Ltd | 5% |
| 511194 | ICDS Ltd | 10% |
| 504746 | Indian Link Chain Manufacturers Ltd | 5% |
| 543806 | ITCONS E-Solutions Ltd | 10% |
| 519064 | Khandelwal Extractions Ltd | 5% |
| 526869 | Kumbhat Financial Services Ltd | 5% |
| 540360 | Leading Leasing Finance And Investment Company Ltd | 5% |
| 543464 | Maruti Interior Products Ltd | 2% |
| 532911 | Parle Industries Ltd | 10% |
| 544485 | Regaal Resources Ltd | 10% |
| 532604 | S.A.L. Steel Ltd | 5% |
| 540081 | SAB Events & Governance Now Media Ltd | 5% |
| 522237 | Shivagrico Implements Ltd | 10% |
| 505590 | SVP Global Textiles Ltd | 5% |
| 506863 | Swadeshi Industries & Leasing Ltd | 5% |
| 532890 | Take Solutions Ltd | 2% |
| 531628 | Tejassvi Aaharam Ltd | 5% |
| 526675 | Tirth Plastic Ltd | 5% |
| 506640 | ZR2 Bioenergy Ltd | 5% |
Compliance Requirements
- Trading members must ensure orders in the above scrips are placed within the newly revised price band limits from March 16, 2026 onwards
- Members requiring clarification should contact BSE Surveillance at bse.surv@bseindia.com
- No action required from listed companies; this is a trading-level restriction
Important Dates
- March 13, 2026: Circular issued
- March 16, 2026: Revised price bands come into effect
Impact Assessment
This is a routine but operationally significant surveillance action. Tighter price bands (2% and 5%) on several scrips will limit intraday price movement, which may reduce liquidity and increase impact cost for traders in these securities. The 2% band on Maruti Interior Products Ltd and Take Solutions Ltd suggests elevated surveillance concern for potential price manipulation or abnormal volatility. The 20% band assigned to Bharatrohan Airborne Innovations Ltd and Gaudium IVF and Women Health Ltd likely reflects their relatively recent listing or lower liquidity profile. Overall market impact is low given the small-cap nature of the affected scrips.
Impact Justification
Routine surveillance-driven price band revision affecting 30 scrips. Most changes are standard band reductions to 5% or 10%, with two scrips (Maruti Interior Products, Take Solutions) moved to a tighter 2% band, indicating heightened concern. No single large-cap stock is affected, limiting broader market impact.