BSE has issued Notice No. 20260410-48 revising the price bands for more than 30 equity scrips effective April 13, 2026. The revisions cover a range of price band percentages — from a restrictive 2% to a broader 20% — reflecting the exchange’s ongoing surveillance and risk management measures under the DOSS (Department of Surveillance and Supervision) framework.

Key Points

• Price band revisions are effective from April 13, 2026
• At least 30 scrips are affected across various sectors
• Most scrips are being set to a 5% price band, indicating tightened trading limits
• Two scrips — Indo Credit Capital Ltd (526887) and Krishna Ventures Ltd (504392) — are assigned a 2% price band, the most restrictive level
• Hardwyn India Ltd (541276) receives the widest band at 20%
• Scrips with 10% bands include Ahmedabad Steelcraft, Alphalogic Techsys, Goyal Aluminiums, Gujarat Cotex, India Tourism Development Corporation, Indrayani Biotech, and Kalpa Commercial
• The circular was issued by the DOSS department under the Trading/Equity segment

Regulatory Changes

The Exchange has administratively revised price bands under its existing surveillance framework. Price bands are circuit limits that cap the maximum intraday price movement (up or down) for a scrip. Revisions to tighter bands (2%, 5%) are typically applied to scrips under enhanced scrutiny for volatility, low liquidity, or regulatory concerns.

Compliance Requirements

• Trading Members must note the revised price band limits for affected scrips effective April 13, 2026
• Orders placed outside the revised price band limits will be rejected by the exchange trading system
• No action is required from listed companies; this is an exchange-level trading control measure

Important Dates

Impact Assessment

Affected Scrips (Partial List):

Tightened price bands (2%–5%) will significantly limit intraday trading range for the affected scrips, reducing speculative activity and potentially impacting liquidity. Traders and investors holding positions in these scrips should be aware of the restricted price movement from April 13, 2026 onwards. The 2% band on Indo Credit Capital and Krishna Ventures suggests elevated surveillance concern for these two companies.