514197 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/514197/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usThu, 23 Apr 2026 00:00:00 +0000BSE Price Band Revisions Effective April 24, 2026https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-23-81dab6fe93b9a8c4-changes-in-price-band/Thu, 23 Apr 2026 13:30:08 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-23-81dab6fe93b9a8c4-changes-in-price-band/BSE revises price bands for 29+ scrips effective April 24, 2026, with bands set to 2%, 5%, or 10% for various equity securities.bsetradinghighmediummedium81dab6fe93b9a8c4https://www.bseindia.com/downloads/UploadDocs/Notices/20260423-31/20260423-31.pdf540615517546540006544709544424542850532717530787544167534600544023544073531417500317503031531769543375544367531215544121539226514197543688526883539255513575523722539040532131price-bandtradingequitysurveillancedossscrip-restrictionSummary

BSE has notified trading members that price bands for 29 scrips have been revised effective April 24, 2026. The revised bands are set at 2%, 5%, or 10% depending on the scrip, replacing their previously applicable levels. This notice was issued by the Department of Surveillance (DOSS) under Notice No. 20260423-31.

Key Points

  • Price bands revised for 29 scrips across Equity segment effective April 24, 2026
  • Three tiers of revised price bands applied: 2%, 5%, and 10%
  • Four scrips restricted to the tightest 2% band: Inland Printers Ltd (530787), PFL Infotech Ltd (531769), Shikhar Consultants Ltd (526883), Svam Software Ltd (523722)
  • Ten scrips assigned 10% band: Gaudium IVF and Women Health Ltd, Goblin India Ltd, JNK India Ltd, JTL Industries Ltd, Promax Power Ltd, Quality Power Electrical Equipments Ltd, RTS Power Corporation Ltd, Rudra Gas Enterprise Ltd, Star Delta Transformers Ltd, Tirupati Innovar Ltd
  • Remaining scrips placed under 5% band
  • Issued by DOSS (Department of Surveillance and Supervision)

Regulatory Changes

Price bands for the listed scrips have been tightened or adjusted from their existing levels. Price bands limit the maximum permissible intraday price movement (both upward and downward) for a security, and revisions of this nature are typically applied as a surveillance measure to curb excessive volatility or speculative activity.

Compliance Requirements

  • Trading members must ensure orders for affected scrips do not breach the newly revised price band limits from April 24, 2026 onwards
  • Members should update their trading systems and risk controls to reflect the new band percentages for each affected scrip
  • No attachment or additional documentation required; the notice itself constitutes the operative communication

Important Dates

  • Notice Date: April 23, 2026
  • Effective Date: April 24, 2026

Impact Assessment

The revision directly limits the daily trading range for all 29 affected scrips. Scrips placed under the 2% band face the most restrictive conditions, significantly curtailing intraday price discovery and potentially reducing liquidity. Stocks under 10% bands retain moderate flexibility. This type of action typically signals heightened exchange scrutiny due to unusual price movements, low liquidity, or ongoing surveillance measures. Traders and investors holding positions in these scrips should be aware of the tightened limits when placing orders from April 24, 2026.

]]>BSE Price Band Revisions Effective April 22, 2026https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-21-01d5f50fb7f5fa72-changes-in-price-band/Tue, 21 Apr 2026 14:08:01 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-21-01d5f50fb7f5fa72-changes-in-price-band/BSE revises price bands for 19 scrips across equity segment, with new limits ranging from 2% to 10%, effective April 22, 2026.bsetradingmediummediummedium01d5f50fb7f5fa72https://www.bseindia.com/downloads/UploadDocs/Notices/20260421-33/20260421-33.pdf539189530427544331500246530855544477539724500234533193539044539143543798514197521036531370500418532131539337522209price-bandtradingsurveillanceequitydossSummary

BSE’s Department of Surveillance (DOSS) has revised the price bands for 19 equity scrips, effective April 22, 2026. The revised bands range from 2% to 10%, restricting daily price movement for these securities as a surveillance measure.

Key Points

  • 19 scrips have been assigned revised price bands effective April 22, 2026
  • Price bands revised to 2%: GDL Leasing & Finance Ltd (530855), Hypersoft Technologies Ltd (539724), Source Industries (India) Ltd (521036), Sparc Electrex Ltd (531370)
  • Price bands revised to 5%: Adhbhut Infrastructure Ltd (539189), Choksi Asia Ltd (530427), Envair Electrodyne Ltd (500246), Highway Infrastructure Ltd (544477), Kirloskar Electric Company Ltd (533193), Panth Infinity Ltd (539143), Patron Exim Ltd (543798), Tokyo Plast International Ltd (500418), Waaree Technologies Ltd (539337), Yogi Sungwon (India) Ltd (522209)
  • Price bands revised to 10%: Davin Sons Retail Ltd (544331), Kakatiya Cement Sugar & Industries Ltd (500234), Manaksia Steels Ltd (539044), S & T Corporation Ltd (514197), Triumph International Finance India Ltd (532131)
  • Issued by Surveillance department under Deputy Vice President Sanjay Jain and Manager Arpita Joshi

Regulatory Changes

Price bands for the listed scrips have been changed from their existing levels to the revised percentages specified. This limits the maximum permissible intraday price movement for each scrip to the stated band percentage above or below the previous day’s closing price.

Compliance Requirements

  • Trading members must ensure orders placed in these scrips comply with the revised price band limits from April 22, 2026
  • Members may contact BSE Surveillance at bse.surv@bseindia.com for clarifications

Important Dates

  • Notice Date: April 21, 2026
  • Effective Date: April 22, 2026

Impact Assessment

Traders and investors holding positions in these 19 scrips will face restricted daily price movement limits starting April 22, 2026. The tighter bands (2%) on four scrips indicate heightened surveillance concern, potentially limiting liquidity and exit opportunities for holders. The 10% band scrips retain more flexibility. This is a routine surveillance action and does not indicate any fundamental issue with the companies but signals that BSE is monitoring these securities for unusual trading activity.

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