Description
BSE announces demat auction settlement for various securities with specified quantities to be auctioned.
Summary
BSE has announced Demat Auction Settlement No. 701 dated August 26, 2025, listing securities and their respective quantities that will be subject to auction. The list includes 92 different securities across various sectors with quantities ranging from 1 to 63,000 shares.
Key Points
- Settlement number: 701
- Date: August 26, 2025
- Total of 92 securities listed for demat auction
- Quantities range from 1 share (multiple securities) to 63,000 shares (TOYAM SPORTS)
- Covers diverse sectors including pharmaceuticals, technology, banking, energy, and manufacturing
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Participants must comply with demat auction settlement procedures
- Securities holders and brokers must adhere to auction settlement timelines
- Proper documentation and settlement processes must be followed for all listed securities
Important Dates
- Settlement Date: August 26, 2025
- Settlement Number: 701
Impact Assessment
This demat auction affects shareholders and trading members dealing with the 92 listed securities. The auction process will help resolve outstanding delivery obligations. Notable securities with higher quantities include TOYAM SPORTS (63,000 shares), FCS SOFTWARE (16,926 shares), GROWINGTON V (30,000 shares), and RailTel Corp (2,000 shares), which may see more significant market impact during the auction process.
Impact Justification
Affects multiple securities in demat auction process but is routine market operation