Description
BSE announces demat auction for settlement number 731 covering 104 scrips with various quantities for delivery shortfall resolution.
Summary
BSE has announced a demat auction for Settlement No. 731 dated October 9, 2025. The auction covers 104 scrips (208 entries in the list format) with varying quantities ranging from 1 share to 360,962 shares. This auction is conducted to resolve delivery shortfalls where selling members fail to deliver securities on the settlement date.
Key Points
- Settlement Number: 731
- Auction Date: October 9, 2025
- Total Scrips Affected: 104 unique companies
- Quantity Range: 1 share (minimum) to 360,962 shares (maximum for PVV Infra Limited)
- Largest quantities in auction: PVV Infra Limited (360,962 shares), STARLINEPS Enterprises (244,796 shares), Hercules Hoists (29,667 shares)
- Notable stocks include: Bajaj Finance (5 shares), Apollo Tyres (50 shares), SpiceJet (3,200 shares), HFCL (100 shares), Vodafone Idea (1 share)
Regulatory Changes
No regulatory changes introduced. This is a routine market operation under existing settlement and auction frameworks.
Compliance Requirements
- Members with shortfall positions must participate in the auction process
- Buyers must arrange funds for auction purchases as per BSE auction guidelines
- Settlement of auction trades must be completed as per the prescribed timeline
- Members must ensure timely payment and delivery obligations for auctioned securities
Important Dates
- Auction Date: October 9, 2025
- Settlement No.: 731
- Specific auction timing and settlement dates to follow BSE’s standard auction schedule
Impact Assessment
Market Impact: Medium - affects 104 scrips across various sectors including financial services, manufacturing, pharmaceuticals, technology, and infrastructure. The auction mechanism ensures settlement finality and protects market integrity.
Operational Impact: Localized impact on specific brokers and traders who have delivery shortfalls. Auction prices may be at premium to prevailing market prices, potentially causing financial impact on defaulting members.
Investor Impact: Limited direct impact on investors unless they are involved in the specific trades being auctioned. The auction process ensures delivery to buyers who purchased these securities.
Liquidity Impact: Temporary price volatility possible in affected scrips during auction hours, particularly for low-liquidity stocks with large auction quantities relative to their average trading volumes.
Impact Justification
Routine demat auction affecting 104 scrips for delivery shortfall resolution. While it impacts multiple securities, such auctions are a standard settlement mechanism with localized impact on specific trades rather than broad market implications.