BSE’s Department of Surveillance (DOSS) has revised the price bands for 19 equity scrips effective April 15, 2026. The revised bands range from 2% to 10%, replacing their previously applicable levels. This is a standard surveillance action to manage volatility and protect investors in select securities.

Key Points

• Price band revisions apply to 19 scrips across various sectors effective April 15, 2026.
• Bands revised to 2% for 5 scrips: DCM Financial Services, Dhruva Capital Services, Hi-Klass Trading and Investment, Pro Clb Global, Ramgopal Polytex.
• Bands revised to 5% for 9 scrips: Chandra Prabhu International, Containe Technologies, Hemang Resources, Lords Ishwar Hotels, Prudential Sugar Corporation, RDB Real Estate Constructions, Welcure Drugs & Pharmaceuticals, Zenith Steel Pipes & Industries, Zodiac Ventures.
• Bands revised to 10% for 5 scrips: Atlas Cycles (Haryana), Nanta Tech, PAN HR Solution, Panafic Industrials, Parsvnath Developers.
• Action taken by BSE Surveillance department (DOSS); contact bse.surv@bseindia.com for clarifications.

Regulatory Changes

Price bands for the listed scrips have been revised from their existing levels to tighter limits (2%, 5%, or 10%). Price bands restrict the maximum intraday price movement permitted for a security on the exchange.

Compliance Requirements

• Trading members must note the revised price bands and ensure trading systems reflect the new limits from April 15, 2026.
• No action required from listed companies; this is an exchange-level surveillance measure.
• Members seeking clarification should contact bse.surv@bseindia.com.

Important Dates

• April 13, 2026: Notice issued.
• April 15, 2026: Revised price bands come into effect for all 19 scrips.

Impact Assessment

The tightening of price bands is a surveillance tool used by BSE to curb excessive speculation or abnormal price movements in select securities. The 2% band is the most restrictive and applies to scrips under heightened watch. Traders and investors in the affected scrips will face limited intraday price movement, reducing both risk and liquidity. Scrips moved to tighter bands may experience reduced trading volumes. This action signals that BSE’s surveillance team has identified unusual activity or elevated risk in these 19 securities.

BSE’s Department of Surveillance and Supervision (DOSS) issued Notice No. 20260413-32 on 13 April 2026, reporting that it had observed significant price and/or volume movements in 55 listed equity scrips. The Exchange wrote to all these companies seeking clarifications to ensure trading members and investors have access to the latest relevant information. Replies have been received from 36 companies; 19 companies are yet to respond.

Key Points

• BSE identified 55 equity scrips with unusual price/volume activity warranting clarification.
• 36 companies have submitted replies, which are attached to the notice (Replies1 through Replies5).
• 19 companies have not yet responded and are under pending status.
• The notice is issued under the Equity segment by the DOSS department.
• Signed by Sanjay Jain (Deputy Vice President, Surveillance) and Shreya Ghose (Manager, Surveillance).

Companies That Have Responded

1. Active Clothing Co Ltd (541144)
2. Alphalogic Techsys Ltd (542770)
3. Amal Ltd (506597)
4. Avanti Feeds Ltd (512573)
5. Balurghat Technologies Ltd (520127)
6. Cohance Lifesciences Ltd (543064)
7. Colorchips New Media Ltd (540023)
8. Conart Engineers Ltd (522231)
9. Confidence Futuristic Energetech Ltd (539991)
10. Dachepalli Publishers Ltd (544667)
11. Daulat Securities Ltd (530171)
12. GEM Enviro Management Ltd (544199)
13. Gini Silk Mills Ltd (531744)
14. Jetking Infotrain Ltd (517063)
15. M.K. Exim India Ltd (538890)
16. Mittal Sections Ltd (544575)
17. Morgan Ventures Ltd (526237)
18. Neetu Yoshi Ltd (544434)
19. North Eastern Carrying Corporation Ltd (534615)
20. Prudential Sugar Corporation Ltd (500342)
21. Rachit Prints Ltd (544503)
22. RBZ Jewellers Ltd (544060)
23. Riddhi Display Equipments Ltd (544640)
24. Sainik Finance & Industries Ltd (530265)
25. Securekloud Technologies Ltd (512161)
26. Sejal Glass Ltd (532993)
27. Shree Tirupati Balajee Agro Trading Company Ltd (544249)
28. Shreenath Paper Products Ltd (544372)
29. Solitaire Machine Tools Ltd (522152)
30. Spice Lounge Food Works Ltd (539895)
31. Swadeshi Polytex Ltd (503816)
32. The New India Assurance Company Ltd (540769)
33. Titaanium Ten Enterprise Ltd (539985)
34. Vikram Kamats Hospitality Ltd (539659)
35. Vinyoflex Ltd (530401)
36. VSF Projects Ltd (519331)

Companies With Pending Replies

1. Bharat Global Developers Ltd (521238)
2. Evans Electric Ltd (542668)
3. Goel Food Products Ltd (543538)
4. GTT Data Solutions Ltd (530457)
5. K&R Rail Engineering Ltd (514360)
6. Kamadgiri Fashion Ltd (514322)
7. Kesoram Industries Ltd (502937)
8. Lotus Chocolate Company Ltd (523475)
9. Milgrey Finance & Investments Ltd (511018)
10. Modern Diagnostic & Research Centre Ltd (544673)
11. Narmada Macplast Drip Irrigation Systems Ltd (517431)
12. Ovobel Foods Ltd (530741)
13. Swati Projects Ltd (543914)
14. Tamilnadu Telecommunications Ltd (523419)
15. ZR2 Bioenergy Ltd (506640)
16. Saffron Industries Ltd (531436)
17. PAN HR Solution Ltd (544698)
18. Patel Chem Specialities Ltd (544460)
19. Hind Rectifiers Ltd (504036)

Regulatory Changes

No new regulatory changes are introduced by this notice. It is an informational disclosure under BSE’s ongoing market surveillance framework.

Compliance Requirements

• The 19 companies listed under “Reply is waited” are expected to submit their clarifications to BSE promptly.
• Trading members and investors should review the attached replies (Replies1–Replies5) for the 36 responding companies before making trading decisions in those scrips.

Important Dates

• Notice Date: 13 April 2026
• No explicit deadline is stated for pending replies, but regulatory norms typically require prompt response.

Impact Assessment

This notice affects 55 stocks primarily in the SME and small-cap segments. The disclosure of company replies is intended to curb information asymmetry amid unusual trading activity. Investors holding or trading in these scrips should review the attached replies for material disclosures. The 19 companies still awaiting reply may face additional surveillance measures or trading restrictions if they do not respond in a timely manner.