Description
BSE revises price bands for 19 equity scrips effective May 06, 2026, with bands ranging from 2% to 20% under surveillance measures.
Summary
BSE’s Department of Surveillance (DOSS) has revised the price bands for 19 equity scrips effective May 06, 2026. The revised bands range from 2% to 20%, replacing the existing limits for each affected security. Trading members must note the new circuit limits when executing orders in these scrips.
Key Points
- Price bands revised for 19 scrips across various sectors effective May 06, 2026
- Revised bands range from a narrow 2% (for 5 scrips) to a wide 20% (Embassy Developments Ltd)
- Action is taken by BSE Surveillance (DOSS) as part of ongoing market monitoring
- Clarifications can be sought at bse.surv@bseindia.com
Regulatory Changes
The price bands (circuit limits) for the following scrips have been revised:
| Scrip Code | Scrip Name | Revised Price Band |
|---|---|---|
| 544440 | Cryogenic Ogs Ltd | 5% |
| 532832 | Embassy Developments Ltd | 20% |
| 544312 | Hamps Bio Ltd | 5% |
| 544741 | Highness Microelectronics Ltd | 10% |
| 540396 | Manomay Tex India Ltd | 10% |
| 531319 | Maruti Global Industries Ltd | 5% |
| 526251 | Mid East Portfolio Management Ltd | 5% |
| 540078 | Mitsu Chem Plast Ltd | 10% |
| 544205 | National Peroxide Ltd | 10% |
| 520021 | Omax Autos Ltd | 10% |
| 751111 | Panafic Industrials Ltd | 10% |
| 538647 | Purshottam Investofin Ltd | 5% |
| 543982 | Quest Flow Controls Ltd | 2% |
| 544236 | Resourceful Automobile Ltd | 10% |
| 517286 | Rnit Ai Solutions Ltd | 2% |
| 543897 | Sancode Technologies Ltd | 2% |
| 505075 | Setco Automotive Ltd | 2% |
| 517411 | Shyam Telecom Ltd | 2% |
| 544482 | Star Imaging And Path Lab Ltd | 5% |
Compliance Requirements
- Trading members must update their systems to reflect the new price bands for all 19 scrips before market open on May 06, 2026
- Orders outside the revised band limits will be rejected by the exchange system
- Members with client positions in these scrips should communicate the updated circuit limits proactively
Important Dates
- Circular Date: May 05, 2026
- Effective Date: May 06, 2026 (next trading day)
Impact Assessment
The revision affects 19 scrips spanning multiple sectors including chemicals, textiles, automobiles, technology, and healthcare. Five scrips (Quest Flow Controls, Rnit Ai Solutions, Sancode Technologies, Setco Automotive, Shyam Telecom) face tighter 2% bands, indicating heightened surveillance concern and significantly restricted intraday movement. Embassy Developments Ltd is the only scrip receiving a wider 20% band, suggesting relaxation of prior restrictions. Traders in these securities must factor in the new limits for intraday strategies; positional traders are less directly affected but should note potential liquidity constraints in tightly banded scrips.
Impact Justification
Routine surveillance-driven price band revision affecting 19 scrips; impacts intraday trading range for these stocks but is a standard BSE regulatory action with no broader market-wide implications.