Description
BSE demat auction settlement listing 99 securities across various companies for settlement number 742.
Summary
BSE has published the demat auction list for Settlement No. 742 dated October 27, 2025. The auction includes 99 securities from various companies with quantities ranging from 1 share to 283,046 shares. This auction is conducted to settle delivery shortages in the demat system.
Key Points
- Settlement Number: 742
- Date: October 27, 2025
- Total securities listed: 99 across approximately 99 different scrips
- Largest quantity: Enbee Trade (512441) - 283,046 shares
- Other significant quantities include: Remedium Life (539561) - 20,999 shares, Quality Power (544367) - 3,000 shares, SpiceJet (500285) - 5,514 shares
- Includes major companies like HDFC Bank, Tata Motors, Tata Consumer, Nestle India, HCL Technologies, Federal Bank, BPCL, Bharat Heavy Electricals
Regulatory Changes
No regulatory changes announced. This is a standard operational circular for demat auction settlement.
Compliance Requirements
- Brokers with delivery obligations for the listed securities must participate in the auction process
- Settlement of outstanding delivery obligations as per BSE auction mechanism
- Adherence to prescribed timelines for auction settlement
Important Dates
- Settlement Date: October 27, 2025
- Settlement Number: 742
Impact Assessment
Market Impact: Medium - The auction affects 99 different securities, indicating delivery failures across multiple stocks. The presence of large quantities in some scrips (especially Enbee Trade with 283,046 shares) suggests significant settlement issues.
Operational Impact: Brokers who failed to deliver shares will need to purchase them through the auction at potentially higher prices, resulting in financial losses. Investors may experience delays in receiving their securities.
Investor Impact: Medium - While routine, demat auctions indicate operational issues in settlement and can lead to price volatility in affected securities during the auction period.
Impact Justification
Routine demat auction settlement affecting multiple securities due to delivery defaults, requiring attention from concerned brokers and investors but not indicating systemic market issues