Applicability of Price Band - Electronic Gold Receipts (EGR) segment

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NOTICE Notice No. 20260612-20 Notice Date 12 Jun 2026 Category Trading Segment EGR Department DOSS Subject Applicability of Price Band - Electronic Gold Receipts (EGR) segment Attachments No Attachment This is reference to SEBI circular no. SEBI/HO/MRD/MRD-PoD-1/P/CIR/2024/87 dated June 24,2024 on “Electronic Gold Receipts (EGR) segment” With the view to ensure orderly trading and protect market integrity, the following price bands in the EGR segment is applicable to prevent acceptance of orders for execution that are placed beyond the price limits- • The Price Range of +/- 5% of previous day’s close price shall be applicable on EGR during pre-open session. • The initial price limit for the price band (dynamic Price Band) shall be set at 10% of the previous close price. • In the event of a market trend in either direction, the dynamic price band shall be relaxed in increments of 5% after the cooling off period of 15 minutes. • During the cooling off period, trading shall continue to be permitted within the previous price band. o If the last trade occurs at 9.90 % or more of the base price, the dynamic price band shall be relaxed to 15% with a cooling off period of 15 mins. Subsequently, if the last trade occurs at 14.90% or more then the same would be relaxed to 20% and so on. Upward flex scenario Product Close price on (T-1 day) Price band applicable on (T Day) start of day Lower Band Upper Band If Upper price band Flexed to New Price Band after cooling off period of 15 minutes A 100 10% 90 110 115 Rs 90 - Rs 115 Downward flex scenario Product Close price on (T-1 day) Price band applicable on (T Day) start of day Lower Band Upper Band If Lower price band Flexed to New Price Band after cooling off period of 15 minutes A 100 10% 90 110 85 Rs 85 - Rs 110 • In the event of exceptional circumstances, where there is extreme price movement beyond the initial price limit in the international markets during trading hours or after the closure of trading on domestic exchanges, the price band shall be relaxed directly to the required level, by giving appropriate notice to the market. For & on behalf of BSE Ltd. Soumil Shah Harish Kadam Deputy Vice President Surveillance Manager Surveillance Date: June 12, 2026