Description
BSE demat auction settlement listing securities available for auction to fulfill delivery obligations, covering 117 scrips across various sectors.
Summary
BSE has issued the demat auction list for Settlement No. 738 dated October 20, 2025. The auction includes 117 scrips from various companies across different sectors, with quantities ranging from 1 share to 54,730 shares. This auction mechanism is used to fulfill delivery obligations when sellers fail to deliver securities in the normal settlement process.
Key Points
- Settlement Number: 738
- Date: October 20, 2025
- Total scrips listed: 117 different securities
- Largest quantity: WELCURE DRUG (54,730 shares)
- Other significant quantities include: SOUTH INDIAN (1,000 shares), ITI LTD (1,000 shares), ETERNAL LIMITED (1,000 shares)
- Covers diverse sectors including banking, steel, pharmaceuticals, automotive, technology, and consumer goods
- Major companies included: STATE BANK O, TATA STEEL, JSW STEEL, BHARTI AIRTE, ADANI POWER, FEDERAL BANK
Regulatory Changes
No regulatory changes announced. This is a standard operational circular for demat auction settlement.
Compliance Requirements
- Members/brokers with short delivery positions must participate in the auction to close out their obligations
- Securities listed are available for purchase through the auction mechanism
- Settlement must be completed as per BSE’s standard auction settlement procedures
- Participants must follow BSE’s demat auction guidelines and timelines
Important Dates
- Settlement Date: October 20, 2025
- Settlement Number: 738
- Auction execution date would follow BSE’s standard settlement calendar
Impact Assessment
Low impact circular with limited market-wide significance. The demat auction is a routine market operation mechanism:
- Operational Impact: Affects only specific members/brokers with delivery shortfalls in the listed scrips
- Market Impact: Minimal - auction process is a standard procedure for resolving delivery failures
- Investor Impact: Limited to those holding positions in the specific scrips listed, with potential temporary price movements during auction
- Liquidity Impact: May cause temporary liquidity requirements for participants needing to fulfill delivery obligations
- Notable Securities: Includes several high-profile stocks (State Bank, Tata Steel, JSW Steel, Bharti Airtel, Adani Power) but in small quantities relative to their daily trading volumes
Impact Justification
Routine demat auction settlement notice with standard delivery obligation fulfillment process affecting specific scrips with limited market-wide impact