Description

BSE demat auction settlement listing securities and quantities available for auction to cover settlement shortages.

Summary

BSE has published the demat auction list for Settlement No. 738 dated October 20, 2025. The auction includes 119 securities across various scrip codes with specified quantities available for auction to cover settlement shortages. This includes major stocks like Adani Power (2,017 shares), HEG Ltd (950 shares), Welcure Drugs (54,730 shares), and multiple other securities ranging from 1 to 16,956 shares.

Key Points

  • Settlement Number: 738
  • Date: October 20, 2025
  • Total securities listed: 119 scrips
  • Largest auction quantities: WELCURE DRUG (54,730 shares), CRIZAC LIMIT (16,956 shares), Nippon India (8,000 shares), CITY CROPS A (6,000 shares)
  • Includes major companies like State Bank, Tata Steel, JSW Steel, Bharti Airtel, Federal Bank, and others
  • Auction covers settlement shortages in demat form

Regulatory Changes

No regulatory changes announced. This is a standard operational auction notice.

Compliance Requirements

  • Clearing members and brokers with settlement obligations must participate in the demat auction
  • Participants must ensure availability of funds/securities for auction participation
  • Settlement obligations for the listed securities must be met through the auction process
  • Members should review their positions for the scrips listed in Settlement 738

Important Dates

  • Settlement Date: October 20, 2025
  • Settlement Number: 738
  • Auction execution would follow standard BSE demat auction timelines

Impact Assessment

Market Impact: Medium - The auction affects 119 securities with varying quantities, indicating settlement failures across multiple scrips. Large auction quantities in certain stocks (WELCURE DRUG with 54,730 shares, CRIZAC with 16,956 shares) may indicate significant settlement issues.

Operational Impact: Clearing members and brokers with shortages in these securities must participate in the auction, which may result in additional costs due to auction prices typically being higher than market prices. The wide range of affected securities suggests settlement issues across different market segments.

Investor Impact: Limited direct impact on retail investors, but indicates delivery failures in these securities which may affect market confidence in settlement efficiency for these scrips.

Impact Justification

Affects multiple securities and their settlement participants; operational impact on brokers and clearing members who need to participate in auction to cover shortages