BSE’s Department of Surveillance and Supervision (DOSS) has issued Notice No. 20260428-45 revising price bands for 21 equity scrips effective April 29, 2026. The revisions span bands of 2%, 5%, 10%, and 20%, reflecting individual surveillance assessments for each security.

Key Points

• 21 scrips across BSE equity segment have revised price bands effective April 29, 2026
• Price bands revised range from 2% (most restrictive) to 20% (most permissive)
• 8 scrips tightened to 2% band: Beryl Securities, CDG Petchem, Citi Port Financial Services, Gujarat Lease Financing, Ishaan Infrastructures, Maruti Interior Products, Shukra Bullions, Simandhar Impex
• 6 scrips set to 5% band: Chothani Foods, Khaitan (India), Prima Agro, Shakti Press, Shining Tools, Unimech Aerospace, Zodiac Energy
• 4 scrips set to 10% band: Bhagyanagar India, HCP Plastene Bulkpack, LKP Securities, Mayank Cattle Food
• 1 scrip set to 20% band: Panafic Industrials Ltd
• Signed by Deputy Vice President Sanjay Jain and Manager Arpita Joshi of Surveillance

Regulatory Changes

Price bands limit the maximum intraday price movement permitted for a scrip on the exchange. A tighter band (e.g., 2%) restricts price movement more severely, typically applied under heightened surveillance. A wider band (e.g., 20%) allows greater price discovery flexibility.

Compliance Requirements

• Trading members must update their systems to reflect the new price bands before market open on April 29, 2026
• Orders placed outside the revised price bands will be rejected by the exchange system
• Members may contact bse.surv@bseindia.com for clarifications

Important Dates

• Notice Date: April 28, 2026
• Effective Date: April 29, 2026

Impact Assessment

Stocks moved to the 2% price band face the most significant trading restrictions, limiting price discovery and potentially signalling surveillance concerns. Traders and investors holding these securities should be aware of the tighter movement limits. Panafic Industrials being moved to a 20% band suggests a relaxation of prior restrictions.