BSE has issued Notice No. 20260416-37 informing trading members of price band revisions for 54 equity scrips, effective April 17, 2026. The majority of affected scrips have been moved to a 5% price band, while five scrips — Athena Constructions Ltd, Earthstahl & Alloys Ltd, Gallantt Ispat Ltd, Indiabulls Ltd, and Indus Finance Ltd — have been revised to a 10% price band.

Key Points

• Price band revisions are effective from April 17, 2026.
• 49 scrips revised to a 5% price band.
• 5 scrips revised to a 10% price band: Athena Constructions Ltd (539099), Earthstahl & Alloys Ltd (543765), Gallantt Ispat Ltd (532726), Indiabulls Ltd (533520), and Indus Finance Ltd (531841).
• Issued by the Department of Surveillance & Supervision (DOSS) under the Trading segment.
• No attachment; the notice itself contains the full revised list.

Regulatory Changes

The Exchange has revised price bands on select scrips as part of its ongoing market surveillance mechanism. Price band changes are applied by BSE under SEBI guidelines to manage volatility and protect investor interest. Scrips moved to a lower band (e.g., from 20% to 5%) face tighter daily movement limits, which may reduce intraday and short-term trading opportunities.

Compliance Requirements

• Trading members must apply the revised price bands for the listed scrips starting from the trading session on April 17, 2026.
• Orders placed beyond the revised price band limits will be rejected by the exchange system.
• No specific action is required from listed companies; this is an exchange-level trading control.

Important Dates

• Notice Date: April 16, 2026
• Effective Date: April 17, 2026

Impact Assessment

The revision restricts permissible intraday price movement for 54 scrips, most of which are small- or micro-cap stocks. A tighter price band (5%) limits speculative activity and can reduce liquidity temporarily. For the five scrips moved to the 10% band, the impact is comparatively moderate. Traders and investors holding positions in these scrips should be aware of the revised limits when placing orders on April 17, 2026.

Scrips Revised to 10% Price Band

Scrips Revised to 5% Price Band (Selected)

Includes Accuracy Shipping Ltd (544598), Affordable Robotic & Automation Ltd (541402), AI Champdany Industries Ltd (532806), Aksh Optifibre Ltd (532351), Hindustan Motors Ltd (500500), GTL Ltd (500160), Kerala Ayurveda Ltd (530163), Lyka Labs Ltd (500259), Madhucon Projects Ltd (531497), and 40 additional scrips as listed in the notice.