Description
BSE demat auction listing 99 securities across various sectors including banking, pharmaceuticals, automotive, and technology stocks.
Summary
BSE has announced Demat Auction Settlement No. 709 dated September 9, 2025, listing 99 securities from various companies that are subject to auction due to delivery defaults. The auction includes stocks from major sectors including banking, pharmaceuticals, automotive, technology, and infrastructure.
Key Points
- Settlement Number: 709
- Settlement Date: September 9, 2025
- Total Securities Listed: 99 different scrips
- Includes major blue-chip stocks like Bajaj Finance, HDFC Bank, Reliance Industries, and Tata Steel
- Covers diverse sectors: banking, pharmaceuticals, automotive, technology, infrastructure
- Quantities range from 1 share to over 17,000 shares depending on the security
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Investors holding positions in listed securities must be aware of auction proceedings
- Brokers and clearing members must ensure proper settlement of outstanding positions
- Market participants should monitor their portfolios for any securities listed in the auction
Important Dates
- Settlement Date: September 9, 2025
- Auction proceedings as per BSE settlement calendar
Impact Assessment
This demat auction affects a wide range of securities across multiple sectors. While routine in nature, it may impact short-term liquidity and pricing for the affected stocks. Investors holding these securities should monitor their positions and coordinate with their brokers for proper settlement. The inclusion of major blue-chip stocks indicates significant delivery defaults that required auction settlement.
Impact Justification
Routine demat auction affecting multiple securities due to delivery defaults, requiring investor attention for affected stocks