BSE has notified trading members that price bands for 29 scrips have been revised effective April 24, 2026. The revised bands are set at 2%, 5%, or 10% depending on the scrip, replacing their previously applicable levels. This notice was issued by the Department of Surveillance (DOSS) under Notice No. 20260423-31.

Key Points

• Price bands revised for 29 scrips across Equity segment effective April 24, 2026
• Three tiers of revised price bands applied: 2%, 5%, and 10%
• Four scrips restricted to the tightest 2% band: Inland Printers Ltd (530787), PFL Infotech Ltd (531769), Shikhar Consultants Ltd (526883), Svam Software Ltd (523722)
• Ten scrips assigned 10% band: Gaudium IVF and Women Health Ltd, Goblin India Ltd, JNK India Ltd, JTL Industries Ltd, Promax Power Ltd, Quality Power Electrical Equipments Ltd, RTS Power Corporation Ltd, Rudra Gas Enterprise Ltd, Star Delta Transformers Ltd, Tirupati Innovar Ltd
• Remaining scrips placed under 5% band
• Issued by DOSS (Department of Surveillance and Supervision)

Regulatory Changes

Price bands for the listed scrips have been tightened or adjusted from their existing levels. Price bands limit the maximum permissible intraday price movement (both upward and downward) for a security, and revisions of this nature are typically applied as a surveillance measure to curb excessive volatility or speculative activity.

Compliance Requirements

• Trading members must ensure orders for affected scrips do not breach the newly revised price band limits from April 24, 2026 onwards
• Members should update their trading systems and risk controls to reflect the new band percentages for each affected scrip
• No attachment or additional documentation required; the notice itself constitutes the operative communication

Important Dates

• Notice Date: April 23, 2026
• Effective Date: April 24, 2026

Impact Assessment

The revision directly limits the daily trading range for all 29 affected scrips. Scrips placed under the 2% band face the most restrictive conditions, significantly curtailing intraday price discovery and potentially reducing liquidity. Stocks under 10% bands retain moderate flexibility. This type of action typically signals heightened exchange scrutiny due to unusual price movements, low liquidity, or ongoing surveillance measures. Traders and investors holding positions in these scrips should be aware of the tightened limits when placing orders from April 24, 2026.