BSE’s Surveillance Department (DOSS) has revised the price bands for 24 equity scrips effective April 28, 2026. The revised bands range from 2% to 20%, reflecting updated circuit limits based on surveillance assessments. Trading members are required to note the new limits immediately.

Key Points

• Price bands revised for 24 scrips across various sectors effective April 28, 2026
• Revised bands: 2% (3 scrips), 5% (11 scrips), 10% (7 scrips), 20% (2 scrips)
• Action taken by DOSS (Department of Surveillance and Supervision)
• Notice No. 20260427-26 issued April 27, 2026
• Clarifications to be sought at bse.surv@bseindia.com

Regulatory Changes

Price band revisions are a surveillance tool used by BSE to control excessive volatility in individual scrips. The revised limits replace the existing circuit filters for the listed securities. Two scrips — Emiac Technologies Ltd (544747) and Safety Controls & Devices Ltd (544746) — have been assigned the widest band of 20%, while Hindusthan Insulators & Industries Ltd (539984), Indsoya Ltd (503639), and Jolly Plastic Industries Ltd (507968) have been restricted to a 2% band.

Compliance Requirements

• Trading members must update their systems to reflect the new price bands before market open on April 28, 2026
• No further action required from listed companies; this is a trading-side restriction
• Members with queries must contact BSE Surveillance at bse.surv@bseindia.com

Important Dates

• April 27, 2026: Notice issued
• April 28, 2026: Revised price bands come into effect

Impact Assessment

Scrips assigned a 2% band face significant intraday movement restrictions, indicating heightened surveillance concern. Those assigned 20% bands are permitted wider trading ranges, possibly reflecting a relaxation of prior restrictions. Market participants holding or trading these scrips should adjust risk exposure and order strategies accordingly.