Description
BSE announces demat auction settlement no. 739 listing securities available for auction due to delivery shortages.
Summary
BSE has announced demat auction for Settlement No. 739 dated October 23, 2025. The circular lists 139 scrips across various sectors that are available for auction due to delivery shortages in the settlement process. The auction includes major companies like Reliance Industries, ICICI Bank, Adani Power, and numerous small and mid-cap stocks with varying quantities ranging from 1 share to over 140,000 shares.
Key Points
- Settlement number: 739
- Date: October 23, 2025
- Total scrips listed: 139 securities
- Highest quantity: FCS Software (141,997 shares), GACM Technologies (35,640 shares), Garment Mantra (24,000 shares)
- Includes major blue-chip stocks like Reliance Industries (20 shares), ICICI Bank (50 shares), Siemens (51 shares)
- Wide range of sectors covered including banking, steel, power, technology, and manufacturing
- Quantities range from as low as 1 share to over 140,000 shares
Regulatory Changes
No regulatory changes announced. This is a routine operational circular.
Compliance Requirements
- Trading members must ensure participation in the demat auction process
- Members with delivery obligations must settle their positions through the auction mechanism
- Successful bidders must complete delivery and payment as per auction settlement procedures
- Members facing delivery shortages should note the securities available for procurement through auction
Important Dates
- Settlement Date: October 23, 2025
- Settlement Number: 739
- Auction date: To be conducted as per standard BSE auction schedule for failed deliveries
Impact Assessment
Market Impact: Medium - The auction involves 139 securities indicating delivery failures across multiple scrips. While routine, the volume of securities and high quantities in some cases (especially FCS Software with 141,997 shares) suggest significant settlement pressure.
Operational Impact: Trading members and clearing members with open positions in these securities will need to participate in the auction to fulfill delivery obligations or face penalties. The wide range of scrips indicates systemic delivery issues across market segments.
Investor Impact: Limited direct impact on retail investors. The auction mechanism ensures settlement completion and market integrity. However, high auction quantities in certain stocks may indicate tight availability or temporary liquidity issues in those specific securities.
Impact Justification
Routine demat auction for settlement 739 affecting multiple securities due to delivery shortages. Impacts specific trading members and clients with failed deliveries.