Description
BSE demat auction notification for settlement number 761 listing securities with shortages requiring auction.
Summary
BSE has published the demat auction list for Settlement No. 761 dated November 24, 2025. The circular lists 92 securities from various companies where members have failed to deliver shares, requiring auction to fulfill delivery obligations. Quantities range from 1 share to 489,533 shares (GV Films Ltd).
Key Points
- Settlement Number: 761
- Settlement Date: November 24, 2025
- Total securities listed for auction: 92 scrips
- Largest quantity shortage: GV Films Ltd (523277) - 489,533 shares
- Other significant shortages include: Catvision Ltd (2,149 shares), Globe Civil (3,142 shares), Last Mile Enterprises (2,500 shares)
- Mix of large-cap stocks (Infosys, Reliance Power, Bharti Airtel, Hindalco, Gail, IOC) and smaller companies
- Auction triggered due to delivery shortfalls by trading members
Regulatory Changes
No regulatory changes announced. This is a routine operational circular for settlement auction.
Compliance Requirements
- Trading members with delivery obligations in listed securities must participate in the auction process
- Members must arrange for delivery of auctioned securities as per BSE auction settlement procedures
- Members failing to deliver must bear auction costs and differences
- Settlement obligations must be fulfilled as per BSE clearing and settlement regulations
Important Dates
- Settlement Date: November 24, 2025
- Settlement Number: 761
- Auction execution: As per BSE’s standard auction timeline following settlement date
Impact Assessment
Market Impact: Medium - affects 92 securities across various sectors. While most quantities are relatively small, the large shortage in GV Films (489,533 shares) could create price volatility in that particular security.
Operational Impact: Direct impact on brokers/members with delivery shortages who must participate in auction and bear associated costs. May result in penalties and additional costs for non-delivering members.
Investor Impact: Limited direct impact on retail investors. However, auction activity may cause temporary price movements in affected securities, particularly those with larger shortage quantities.
Impact Justification
Routine demat auction for settlement obligations affecting multiple securities; important for members with delivery shortages but limited broader market impact