Description
BSE Demat Auction circular listing securities and quantities subject to auction settlement for settlement number 738 dated October 20, 2025.
Summary
BSE has published the Demat Auction list for Settlement No. 738 dated October 20, 2025. This circular lists 118 scrips (securities) with their respective scrip codes, names, and quantities that are subject to demat auction. The auction is conducted when there is a shortfall in delivery of securities, and the Exchange conducts an auction to procure the securities to complete the settlement.
Key Points
- Settlement Number: 738
- Circular Date: October 20, 2025
- Total number of scrips subject to auction: 118 securities
- Covers a wide range of sectors including banking, steel, pharmaceuticals, textiles, and technology
- Notable quantities include: WELCURE DRUG (54,730 shares), CRIZAC LIMITED (16,956 shares), ADANI POWER (2,017 shares), NIPPON INDIA (8,000 shares), CITY CROPS A (6,000 shares)
- Multiple blue-chip companies included such as STATE BANK OF INDIA, JSW STEEL, TATA STEEL, BHARTI AIRTEL, and FEDERAL BANK
Regulatory Changes
No regulatory changes announced. This is a routine operational circular for demat auction settlement.
Compliance Requirements
- Members who have failed to deliver securities must participate in the auction process
- Auction proceedings will be conducted as per BSE’s standard auction settlement procedures
- Members with shortfalls must arrange for securities or bear auction costs as applicable
- Settlement obligations must be fulfilled as per Exchange regulations
Important Dates
- Settlement Date: October 20, 2025 (Settlement No. 738)
- Auction proceedings will be conducted as per BSE’s auction calendar for this settlement
Impact Assessment
Market Impact: Medium - The auction affects 118 different securities with varying quantities. While this is a routine operational matter, it indicates delivery failures across multiple trades.
Trading Impact: Members with delivery obligations in these securities will need to participate in the auction, potentially at unfavorable prices, impacting their transaction costs.
Investor Impact: Investors who were expecting delivery of these securities may face delays until the auction settlement is completed. The large quantity of WELCURE DRUG (54,730 shares) in particular suggests significant delivery shortfall in that scrip.
Operational Impact: Standard demat auction process ensures market integrity by providing a mechanism to complete failed deliveries, maintaining confidence in the settlement system.
Impact Justification
Routine demat auction affecting multiple securities due to delivery shortfalls. Impacts specific trades requiring auction settlement but is part of normal market operations.