Description

BSE announces demat auction for settlement number 747 covering 118 scrips with pending delivery obligations across various quantities.

Summary

BSE has announced a demat auction for Settlement No. 747 dated November 3, 2025. The auction covers 118 scrips across various sectors where delivery obligations remain pending. Quantities range from as low as 1 share to as high as 8,159 shares depending on the scrip. This is a standard settlement mechanism used by the exchange to fulfill pending delivery obligations.

Key Points

  • Settlement Number: 747
  • Date: November 3, 2025
  • Total scrips involved: 118 companies
  • Quantities vary significantly across scrips (1 to 8,159 shares)
  • Covers diverse sectors including banking, technology, pharmaceuticals, manufacturing, and energy
  • Notable companies include Reliance Industries (100 shares), Axis Bank (379 shares), HCL Technologies (5 shares), and Yes Bank (281 shares)

Regulatory Changes

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

Compliance Requirements

  • Brokers with pending delivery obligations must participate in the demat auction
  • Settlement obligations must be fulfilled as per BSE auction mechanism
  • Clients and brokers should ensure availability of securities or funds for auction settlement

Important Dates

  • Settlement Date: November 3, 2025
  • Auction Settlement Number: 747

Impact Assessment

Market Impact: Medium - Affects 118 scrips with pending delivery obligations. The auction mechanism ensures orderly settlement of trades where delivery has failed.

Operational Impact: Brokers with shortages in these scrips will need to purchase shares through the auction mechanism, potentially at premium prices. Clients with pending delivery obligations may face additional costs.

Liquidity Impact: Temporary price impact possible in scrips with larger auction quantities, particularly Fineotex Chemicals (8,159 shares), Wardwizard Innovations (2,994 shares), and Srigee DLM (2,400 shares).

Impact Justification

Regular demat auction process affecting 118 scrips with varying quantities; impacts brokers and clients with pending delivery obligations but is a standard settlement mechanism