BSE has revised the price bands for 28 equity scrips effective April 27, 2026, via Notice No. 20260424-27. The majority of affected scrips have been moved to a 5% price band, indicating heightened surveillance. Two scrips face more restrictive bands (1% and 2%), while three scrips have been moved to wider bands of 10% or 20%.

Key Points

• 28 scrips are subject to price band revisions effective April 27, 2026
• 22 scrips revised to 5% price band (tightened)
• 1 scrip (Refex Renewables & Infrastructure Ltd, 531260) revised to 1% band (most restrictive)
• 2 scrips (PH Capital Ltd 500143, Meera Industries Ltd 540519) revised to 2% band
• 1 scrip (Manaksia Aluminium Company Ltd, 539045) revised to 10% band
• 3 scrips (Best Agrolife Ltd 539660, AuSom Enterprise Ltd 509009, Chartered Logistics Ltd 531977) revised to 20% band
• Issued by the Department of Surveillance & Supervision (DOSS)

Regulatory Changes

Price bands restrict intraday price movement to a defined percentage above or below the previous close. Tightening bands to 5% or lower is a surveillance measure to limit volatility or unusual price movement in specific scrips. Widening bands to 10% or 20% indicates relaxation of prior restrictions.

Compliance Requirements

• Trading members must note the revised price bands for the listed scrips and ensure orders are placed within the new limits from April 27, 2026 onwards
• No attachment or additional filing is required from trading members

Important Dates

• Notice Date: April 24, 2026
• Effective Date: April 27, 2026 (all revised price bands take effect)

Impact Assessment

Traders holding or intending to trade in these scrips should note the new intraday limits. The tightening for most scrips signals regulatory concern around price volatility. The relaxation for Best Agrolife, AuSom Enterprise, Chartered Logistics, and Manaksia Aluminium suggests improved price stability warranting wider bands.