Description
BSE announces demat auction for settlement number 765 covering 92 securities across various companies with specified quantities for delivery shortages.
Summary
BSE has announced a demat auction for Settlement No. 765 dated November 28, 2025. The auction involves 92 securities across various companies where delivery shortages have occurred. Quantities range from as low as 1 share to as high as 15,267 shares depending on the security. Members who have failed to deliver securities in the settlement will need to participate in this auction or face penalty provisions.
Key Points
- Settlement Number: 765
- Auction Date: November 28, 2025
- Total Securities Affected: 92 different scrips
- Highest Quantity: RIR Power Electronics - 15,267 shares
- Other Notable Quantities: Supertech EVs (10,800), Pro Fin Capital (10,000), Darshan Orna (4,900)
- Includes major companies like BHEL, Ashok Leyland, Cummins India, Dr. Reddy’s, Exide Industries, GAIL, IndusInd Bank, M&M, Radico Khaitan, SpiceJet
- Covers diverse sectors including automotive, pharmaceuticals, finance, power, consumer goods
Regulatory Changes
No regulatory changes introduced. This is a standard auction procedure as per existing BSE settlement rules for handling delivery shortages.
Compliance Requirements
- Members with delivery shortages must participate in the demat auction
- Purchase required securities through the auction mechanism
- Comply with auction settlement timelines as per BSE rules
- Failure to fulfill auction obligations will attract penalties as per exchange regulations
- Members must ensure sufficient funds for auction participation
Important Dates
- Settlement Date: November 28, 2025
- Auction Settlement Number: 765
- Specific auction timing and settlement completion dates to be communicated as per standard BSE auction procedures
Impact Assessment
Market Impact: Medium - affects 92 securities with localized impact on specific scrips where delivery failures occurred. Most quantities are relatively small except for a few securities.
Operational Impact: Primarily affects clearing members who have delivery shortages in settlement 765. These members must arrange funds and participate in auction to close out their obligations.
Investor Impact: Minimal direct impact on retail investors. May see temporary price movements in affected securities during auction period due to forced buying by defaulting members.
Systemic Impact: Low - routine settlement mechanism to ensure market integrity and delivery obligations are met. Part of normal exchange operations to handle periodic delivery failures.
Impact Justification
Routine demat auction affecting 92 securities with varying quantities. Primarily impacts members with delivery shortages in settlement 765. Standard market operations procedure with localized impact on affected participants.