Description

BSE announces demat auction for settlement number 740 covering 90 scrips with quantities ranging from 1 to 10,000 shares for delivery settlement.

Summary

BSE has announced a demat auction for Settlement No. 740 dated October 23, 2025. The auction covers 90 scrips across various companies with quantities ranging from 1 share to 10,000 shares. This auction mechanism is used to fulfill delivery obligations when sellers fail to deliver securities on the settlement date.

Key Points

  • Settlement Number: 740
  • Date: October 23, 2025
  • Total scrips involved: 90 securities
  • Quantity range: 1 to 10,000 shares per scrip
  • Largest quantities: TATA POWER C (10,000 shares), HFCL LIMITED (9,221 shares), EDELWEISS MF (3,950 shares)
  • Multiple scrips with minimal quantities of 1-2 shares
  • Covers diverse sectors including banking, manufacturing, chemicals, power, and mutual funds

Regulatory Changes

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

Compliance Requirements

  • Trading members must participate in the demat auction to close out short delivery positions
  • Securities must be delivered in dematerialized form through the auction mechanism
  • Members with delivery obligations must ensure settlement through this auction process

Important Dates

  • Settlement Date: October 23, 2025 (Settlement No. 740)
  • Auction Date: October 23, 2025

Impact Assessment

Market Impact: Medium - The auction affects 90 scrips with varying quantities. While this is a routine settlement mechanism, the breadth of securities involved indicates delivery failures across multiple stocks.

Operational Impact: Medium - Trading members with short delivery positions must participate in the auction, potentially at premium prices, affecting their settlement costs.

Investor Impact: Low to Medium - Investors who were expecting delivery may experience delays. The auction mechanism ensures eventual delivery but may result in price variations from the original transaction price.

Impact Justification

Routine demat auction for delivery settlement affecting 90 scrips. While operationally important for settlement integrity, it represents standard market infrastructure process with limited broader market impact.