Description
BSE revises price bands for 29+ scrips across various sectors, with bands changed to 2%, 5%, 10%, or 20%, effective April 20, 2026.
Summary
BSE has revised price bands for 29+ equity scrips effective April 20, 2026, via Notice No. 20260417-46 dated April 17, 2026. The revised bands range from 2% to 20%, replacing prior levels. Trading members must account for these revised limits when executing orders in the affected securities.
Key Points
- Price bands revised for 29+ scrips across diverse sectors including chemicals, media, electronics, logistics, and financial services
- Effective date: April 20, 2026
- Revised price band categories: 2% (2 scrips), 5% (13 scrips), 10% (11 scrips), 20% (2 scrips)
- Issued by Department of Stock Surveillance (DOSS)
- No attachments; full details contained within the notice
Regulatory Changes
Price bands have been revised from their existing levels for the listed scrips. The new bands restrict daily price movement to the specified percentage above or below the previous close.
| Scrip Code | Company Name | Revised Band |
|---|---|---|
| 540615 | 7NR Retail Ltd | 10% |
| 544203 | Allied Blenders and Distillers Ltd | 5% |
| 531582 | Beryl Securities Ltd | 5% |
| 534796 | CDG Petchem Ltd | 5% |
| 537326 | Chemtech Industrial Valves Ltd | 10% |
| 530427 | Choksi Asia Ltd | 10% |
| 531235 | Citi Port Financial Services Ltd | 5% |
| 506373 | Citurgia Biochemicals Ltd | 2% |
| 544220 | Clinitech Laboratory Ltd | 10% |
| 532839 | Dish TV India Ltd | 5% |
| 517170 | Edvenswa Enterprises Ltd | 10% |
| 544475 | Essex Marine Ltd | 5% |
| 544665 | Global Ocean Logistics India Ltd | 10% |
| 751108 | Gujarat Cotex Ltd | 10% |
| 539224 | HCKK Ventures Ltd | 20% |
| 544741 | Highness Microelectronics Ltd | 20% |
| 532847 | Hilton Metal Forging Ltd | 5% |
| 519463 | IB Infotech Enterprises Ltd | 5% |
| 543806 | ITCONS E-Solutions Ltd | 5% |
| 507948 | Key Corporation Ltd | 5% |
| 533193 | Kirloskar Electric Company Ltd | 10% |
| 543464 | Maruti Interior Products Ltd | 5% |
| 531417 | Mega Corporation Ltd | 10% |
| 541418 | Nakoda Group of Industries Ltd | 10% |
| 517431 | Narmada Macplast Drip Irrigation Systems Ltd | 5% |
| 508867 | New Markets Advisory Ltd | 2% |
| 544418 | Oswal Pumps Ltd | 5% |
| 538860 | Panafic Industrials Ltd | 5% |
| 543915 | Pavna Industries Ltd | (see notice) |
Compliance Requirements
- Trading members must apply the new price band limits for all affected scrips starting April 20, 2026
- Orders exceeding the revised price band limits will be rejected by the exchange system
- No action required from listed companies; this is a market-level trading restriction
Important Dates
- Notice Date: April 17, 2026
- Effective Date: April 20, 2026 (Monday)
Impact Assessment
The revision of price bands primarily affects retail and institutional traders in these scrips. Tighter bands (2%–5%) restrict volatility for potentially illiquid or surveillance-flagged securities, reducing risk of manipulation. The two scrips with 20% bands (HCKK Ventures, Highness Microelectronics) are given wider latitude, suggesting relaxed surveillance or reclassification. Dish TV and Kirloskar Electric, being larger-cap names, face tighter constraints consistent with their liquidity profiles.
Impact Justification
Routine but impactful regulatory action affecting 29+ equities; price band tightening restricts intraday volatility and may signal surveillance concerns for specific scrips.