Description
List of securities scheduled for demat auction settlement with quantities for various scrips including Pradhin Limited, Brightcom Group, and Empower India.
Summary
BSE has announced Settlement No. 696 for demat auction dated August 19, 2025, listing securities that will be auctioned due to delivery defaults. The auction includes 84 different scrips with varying quantities, ranging from single shares to over 1.2 million shares.
Key Points
- Settlement number: 696
- Auction date: August 19, 2025
- Total of 84 different securities listed for auction
- Largest quantity: Pradhin Limited (1,239,169 shares)
- Other significant quantities include Brightcom Group (9,635 shares) and Empower India (43,792 shares)
- Mix of large-cap and small-cap securities affected
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Market participants must note the securities listed for demat auction
- Affected parties should prepare for potential price impact due to auction settlement
- Investors holding these securities should monitor for any settlement-related impacts
Important Dates
- Auction Settlement Date: August 19, 2025
Impact Assessment
The demat auction affects shareholders of listed companies due to delivery failures. Securities with larger quantities like Pradhin Limited, Brightcom Group, and Empower India may experience higher price volatility. The auction mechanism ensures settlement of failed deliveries but may impact market prices of affected securities.
Impact Justification
Demat auction affects specific securities and their shareholders due to delivery defaults