Description
BSE demat auction settlement listing 72 securities with quantities to be auctioned for settlement default.
Summary
BSE has announced Demat Auction Settlement No. 687 dated August 5, 2025, listing 72 securities with specified quantities to be auctioned for settlement of delivery defaults.
Key Points
- Settlement number: 687
- Date: August 5, 2025
- Total securities involved: 72 companies
- Quantities range from 1 share to 97,119 shares depending on the security
- Covers diverse sectors including pharmaceuticals, textiles, financial services, and infrastructure
Regulatory Changes
This is a routine settlement procedure with no new regulatory changes announced.
Compliance Requirements
- Market participants with outstanding delivery obligations must participate in the auction process
- Settlement must be completed as per BSE auction guidelines
- Default amounts will be recovered through the auction mechanism
Important Dates
- Auction date: August 5, 2025
- Settlement completion: As per standard BSE settlement cycle
Impact Assessment
Medium impact on affected securities and market participants with delivery defaults. The auction mechanism ensures orderly settlement of failed deliveries and maintains market integrity. Investors holding these securities may experience temporary price volatility during the auction process.
Impact Justification
Routine settlement auction affecting multiple securities but standard market operation