Description
BSE announces demat auction for settlement number 742 covering securities of 99 companies with specified quantities for auction.
Summary
BSE has announced a demat auction for Settlement No. 742 dated October 27, 2025. The auction includes securities from 99 companies with specified quantities ranging from 1 share to 283,046 shares. This auction is conducted to fulfill delivery obligations where sellers have failed to deliver securities in the normal settlement process.
Key Points
- Settlement Number: 742
- Auction Date: October 27, 2025
- Total number of scrips included: 99 securities
- Largest quantity: Enbee Trade (283,046 shares)
- Notable large quantities: Remedium Life (20,999), SpiceJet (5,514), Tata Motors (400)
- Includes major stocks like HDFC Bank (50 shares), HCL Technologies (62 shares), Nestle India (1 share)
- Mix of large-cap, mid-cap, and small-cap securities
Regulatory Changes
No regulatory changes announced. This is a standard operational auction mechanism as per existing BSE settlement procedures.
Compliance Requirements
- Brokers with outstanding delivery obligations must participate in the auction or arrange delivery
- Buying brokers must ensure sufficient funds for auction purchases
- Settlement of auctioned securities as per BSE auction settlement timelines
- Defaulting members will be subject to auction penalties and charges as per BSE rules
Important Dates
- Settlement Date: October 27, 2025
- Auction conducted for Settlement No. 742
- Specific auction timing and settlement dates to be as per BSE circular and auction schedule
Impact Assessment
Market Impact: Medium - Affects 99 securities with delivery shortfalls. Large quantities in some scrips (Enbee Trade, Remedium Life, SpiceJet) may see price volatility during auction.
Operational Impact: Brokers with delivery obligations face potential auction losses if purchase price exceeds original transaction price. Clients with outstanding positions may face higher costs.
Liquidity Impact: Temporary price pressure on securities with large auction quantities, particularly smaller stocks with limited daily volumes. Blue-chip stocks like HDFC Bank and HCL Technologies likely to see minimal impact due to small quantities.
Impact Justification
Routine demat auction for settlement 742 affecting 99 securities. Medium impact as it involves delivery shortfalls requiring auction mechanism, impacting specific brokers/clients with outstanding delivery obligations.