Description
BSE demat auction for settlement number 744 listing securities for auction across multiple scrips due to shortages in delivery obligations.
Summary
BSE has published the demat auction list for Settlement No. 744 dated October 29, 2025. The auction involves 132 scrips where securities need to be procured through auction due to shortages in delivery obligations by selling members. Major stocks included are HDFC Bank (41,800 shares), Reliance Industries (4,005 shares), Wipro (9,000 shares), Vodafone Idea (10,000 shares), Suzlon Energy (8,100 shares), and UCO Bank (5,000 shares) among others.
Key Points
- Settlement Number: 744
- Auction Date: October 29, 2025
- Total scrips involved: 132 securities
- Largest quantity: BITS Ltd (95,347 shares)
- High-value stocks affected include HDFC Bank, Reliance Industries, Infosys, Asian Paints, Maruti Suzuki, and Larsen & Toubro
- Auction covers diverse sectors including banking, IT, automobiles, FMCG, energy, and infrastructure
- Quantities range from 1 share to 95,347 shares depending on the scrip
Regulatory Changes
No regulatory changes introduced. This is a standard operational circular for settlement auction procedures.
Compliance Requirements
- Clearing members with shortages must participate in the auction or arrange delivery of securities
- Members must settle their delivery obligations as per BSE settlement regulations
- Securities must be procured through the auction mechanism for failed deliveries
- Settlement must be completed as per the prescribed auction timelines
Important Dates
- Settlement Date: October 29, 2025 (Settlement No. 744)
- Auction conducted on the settlement date for delivery shortages
Impact Assessment
Market Impact: Medium - The auction involves 132 scrips with varying quantities. While routine in nature, the large quantity in HDFC Bank (41,800 shares) and presence of multiple blue-chip stocks indicates significant delivery failures that need resolution.
Operational Impact: Medium - Clearing members with shortages must arrange funds to purchase securities through auction, potentially at premium prices. This affects their capital and operational planning.
Investor Impact: Low to Medium - Demat auctions are backend settlement processes with minimal direct impact on regular investors. However, large auctions can create temporary demand-supply imbalances affecting intraday prices.
Sectoral Distribution: The auction spans multiple sectors including financial services (banks, NBFCs), technology (IT services), consumer goods (FMCG), automobiles, energy, and pharmaceuticals, indicating widespread delivery issues across the market rather than sector-specific problems.
Impact Justification
Demat auctions are routine settlement mechanisms for delivery shortages affecting multiple stocks. Medium impact as it involves significant quantities across major stocks including HDFC Bank, Reliance, Infosys, and others.