BSE’s Department of Surveillance (DOSS) has revised price bands for 16 equity scrips effective April 10, 2026, under Notice No. 20260409-43. The bands have been tightened to either 2%, 5%, or 10% from their existing levels as a surveillance measure to control volatility in these securities.

Key Points

• Price bands revised for 16 scrips effective April 10, 2026
• Bands tightened to 2%, 5%, or 10% depending on the scrip
• Notice issued by BSE Surveillance department (DOSS)
• Affects equity segment scrips across various sectors
• Members with clarifications may contact bse.surv@bseindia.com

Regulatory Changes

Price band limits have been revised downward for the following scrips:

Compliance Requirements

• Trading members must adhere to the revised price bands for the listed scrips starting April 10, 2026
• Orders placed outside the revised price band limits will be rejected by the exchange trading system
• Members should update their trading systems and alert clients holding positions in these scrips

Important Dates

• Notice Date: April 9, 2026
• Effective Date: April 10, 2026

Impact Assessment

The tightening of price bands restricts the permissible intraday price movement for these 16 scrips. Scrips placed under a 2% band face the most restrictive trading conditions, limiting daily price movement to ±2%, which can significantly reduce liquidity and price discovery. This is consistent with BSE’s Additional Surveillance Measure (ASM) or Graded Surveillance Measure (GSM) framework aimed at protecting investors from abnormal price volatility. Traders and investors in these scrips should exercise caution and may face difficulty exiting large positions quickly due to reduced circuit limits.