Description

BSE announces demat auction for settlement number 731 covering 104 securities across various scrips with specified quantities for auction.

Summary

BSE has announced a demat auction for Settlement No. 731 dated October 9, 2025. The auction covers 104 securities across various scrips where delivery obligations have not been met. Quantities range from 1 share to over 360,000 shares depending on the security.

Key Points

  • Settlement Number: 731
  • Auction Date: October 9, 2025
  • Total Securities Affected: 104 scrips
  • Largest quantity: PVV Infra Limited (360,962 shares)
  • Second largest: STARLINEPS Enterprises (244,796 shares)
  • Includes major companies like Bajaj Finance, Apollo Tyres, SpiceJet, and HFCL
  • Covers diverse sectors including finance, manufacturing, infrastructure, and technology

Regulatory Changes

No regulatory changes announced. This is a standard operational circular for settlement auction.

Compliance Requirements

  • Brokers with outstanding delivery obligations must participate in the demat auction
  • Settlement participants must ensure availability of securities or funds for auction settlement
  • Clearing members responsible for their clients’ obligations in the auction process
  • Failed delivery positions must be closed out through this auction mechanism

Important Dates

  • Settlement Date: October 9, 2025 (Settlement No. 731)
  • Auction Date: As per BSE auction schedule for Settlement 731

Impact Assessment

Market Impact: Medium - Affects 104 securities with varying liquidity profiles. High-volume auctions in illiquid stocks like PVV Infra (360,962 shares) and STARLINEPS (244,796 shares) may experience price volatility.

Broker Impact: Direct impact on brokers with failed delivery obligations who must participate in auction and bear potential price differences.

Investor Impact: Limited direct impact on retail investors, but may cause temporary price fluctuations in affected securities during auction execution.

Settlement Risk: Auction mechanism helps maintain settlement discipline and reduces systemic risk from delivery failures.

Impact Justification

Routine demat auction for failed deliveries affecting 104 securities with varying quantities, requiring broker attention for settlement obligations