Description
List of securities and quantities subject to demat auction settlement by BSE for settlement number 763 dated November 26, 2025.
Summary
BSE has issued a demat auction list for Settlement No. 763 dated November 26, 2025. This circular lists 124 securities across various sectors where delivery shortfalls have occurred, requiring auction settlement. The quantities range from as low as 1 share to as high as 81,866 shares, affecting multiple brokers and their clients who failed to deliver securities on settlement day.
Key Points
- Settlement Number: 763
- Date: November 26, 2025
- Total securities listed: 124 scrips
- Includes major companies like Infosys (400 shares), Bank of Baroda (5,850 shares), Bank of India (5,200 shares), Tata Power (30,450 shares), and Vodafone Idea (51,475 shares)
- Highest quantity: Welcure Drugs (81,866 shares)
- Notable large quantities: Vodafone Idea (51,475), Tata Power (30,450), Laddu Gopal (25,000), Lesha Industries (23,804)
- Mix of large-cap, mid-cap, and small-cap securities
- Covers sectors including banking, pharmaceuticals, technology, manufacturing, infrastructure, and telecom
Regulatory Changes
No regulatory changes announced. This is a routine operational circular for settlement auction procedures.
Compliance Requirements
- Brokers with delivery shortfalls must participate in the demat auction process
- Selling brokers must arrange securities for auction settlement
- Buying brokers will receive securities through auction mechanism
- Settlement must be completed as per BSE auction settlement norms
- Penalties and charges as per BSE regulations will apply to defaulting members
Important Dates
- Settlement Date: November 26, 2025
- Settlement Number: 763
- Auction settlement to be completed as per standard T+2 or applicable settlement cycle
Impact Assessment
Market Impact: Medium - Affects 124 securities with delivery obligations not met, indicating settlement failures across multiple brokers. While this is routine market operation, large quantities in certain scrips (Welcure Drugs, Vodafone Idea, Tata Power) may cause temporary price volatility during auction.
Operational Impact: Medium - Brokers with shortfalls face additional costs through auction penalties and potentially higher purchase prices. Investors expecting delivery will receive securities through auction mechanism, possibly with delays.
Financial Impact: Brokers responsible for shortfalls will bear auction losses (difference between auction price and settlement price) plus penalty charges. Large quantities like 81,866 shares of Welcure Drugs and 51,475 shares of Vodafone Idea represent significant financial exposure for defaulting members.
Impact Justification
Demat auction affects specific securities and quantities where delivery obligations were not met, impacting brokers and investors with outstanding positions in these scrips.