Description
BSE revises price bands for 18 equity scrips effective May 13, 2026, with most moving to a 5% band and four scrips restricted to a 2% band.
Summary
BSE’s Surveillance department (Notice No. 20260512-32) has revised price bands for 18 equity scrips effective May 13, 2026. Fourteen scrips have been moved to a 5% price band and four scrips to a stricter 2% price band, limiting the permissible daily price movement range for these securities.
Key Points
- Price band revisions are effective from May 13, 2026
- 14 scrips revised to a 5% price band
- 4 scrips revised to a tighter 2% price band (Fundviser Capital, Genus Prime Infra, Tejassvi Aaharam, Trade Wings)
- Action initiated by BSE Surveillance department (DOSS)
- Applies to the Equity segment
- Queries to be directed to bse.surv@bseindia.com
Regulatory Changes
Price bands have been revised from their existing levels for the listed scrips. Price bands cap the maximum permissible intraday price movement, and tightening them is a standard BSE surveillance tool to manage excessive volatility or suspected price manipulation in specific securities.
Compliance Requirements
- Trading members must note the revised price bands and ensure orders placed on or after May 13, 2026 comply with the new limits
- No action required from retail investors directly, but orders outside the new band will be rejected by the exchange
- Members with queries may contact BSE Surveillance at bse.surv@bseindia.com
Important Dates
- Notice Date: May 12, 2026
- Effective Date: May 13, 2026
Impact Assessment
| Scrip Code | Scrip Name | Price Band Revised To |
|---|---|---|
| 517096 | Aplab Ltd | 5% |
| 890217 | Aplab Ltd | 5% |
| 540821 | Crystal Business System Ltd | 5% |
| 530197 | Fundviser Capital (India) Ltd | 2% |
| 532425 | Genus Prime Infra Ltd | 2% |
| 540654 | Globalspace Technologies Ltd | 5% |
| 531780 | Kaiser Corporation Ltd | 5% |
| 544398 | Kenrik Industries Ltd | 5% |
| 511714 | Nimbus Projects Ltd | 5% |
| 532748 | Prime Focus Ltd | 5% |
| 544485 | Regaal Resources Ltd | 5% |
| 505368 | Semac Construction Ltd | 5% |
| 532348 | Subex Ltd | 5% |
| 544471 | Takyon Networks Ltd | 5% |
| 531628 | Tejassvi Aaharam Ltd | 2% |
| 536264 | Tiger Logistics (India) Ltd | 5% |
| 509953 | Trade Wings Ltd | 2% |
| 543535 | We Win Ltd | 5% |
The imposition of tighter bands (particularly 2%) on Fundviser Capital, Genus Prime Infra, Tejassvi Aaharam, and Trade Wings suggests heightened surveillance concern. Traders holding positions in these scrips will face reduced intraday flexibility. The 5% band scrips face moderate restrictions compared to the standard 20% band applicable to most exchange-listed equities.
Impact Justification
Price band revisions restrict intraday trading range for 18 scrips, signalling surveillance action. Four scrips face tighter 2% bands indicating heightened regulatory concern. Affects liquidity and short-term trading strategies for holders of these stocks.