BSE clarifies on Add-on Price Band Framework; check new rules here

The new rules for mid-, small-cap stocks shall be applicable from August 23, 2021

In a bid to assuage investor concerns that triggered a sharp selloff in the mid-, and small-cap stocks, the BSE on Wednesday clarified on its new 'Add-on Price Band Framework' and said the new framework shall be applicable to companies with a market-capitalisation of less than Rs 1,000 crore and on securities in groups -- X, XT, Z, ZP, ZY, and Y. The move, analysts say, may stop the bloodbath in the broader markets.

"In partial modification and supersession of the Exchange circular dated August 09, 2021, the new clarifications may stop the bloodbath on Street," said an analyst with