Description

BSE announces demat auction for settlement number 767 covering 98 scrips with pending delivery obligations.

Summary

BSE has announced Demat Auction for Settlement No. 767 dated December 2, 2025. The auction covers 98 scrips across various sectors where delivery obligations remain pending. This is a standard market operation to fulfill pending delivery obligations through auction mechanism.

Key Points

  • Settlement Number: 767
  • Date: December 2, 2025
  • Total Scrips: 98 companies
  • Quantities range from as low as 1 share to as high as 49,997 shares
  • Covers diverse sectors including banking, steel, infrastructure, technology, pharmaceuticals, and manufacturing

Major Scrips Included

  • BANK OF MAHARASHTRA (532525): 5,000 shares
  • Mehai Techno (540730): 49,997 shares
  • PADAM COTTON (531395): 27,232 shares
  • STARLINEPS E (540492): 12,505 shares
  • STEEL STRIPS (513262): 7,288 shares
  • SHINING TOOL (544607): 3,600 shares
  • WOCKHARDT LT (532300): 1,296 shares
  • VIKRAM SOLAR (544488): 1,500 shares
  • JINDAL STEEL (532286): 90 shares
  • JSW STEEL LT (500228): 25 shares
  • TATA MOTORS (544569): 50 shares
  • TATA TECHNOL (544028): 100 shares

Regulatory Context

Demat auctions are conducted by BSE when sellers fail to deliver securities on the settlement date. The exchange conducts an auction to procure the securities from the market to fulfill delivery obligations to buyers.

Compliance Requirements

  • Trading members with pending delivery obligations must participate in the auction process
  • Buyers who have not received their securities will have them delivered through auction mechanism
  • Selling members who failed to deliver will bear the auction costs and any price difference

Important Dates

  • Settlement Date: December 2, 2025
  • Auction will be conducted as per BSE’s standard auction procedures for the listed scrips

Impact Assessment

Market Impact: Medium - Affects 98 scrips with varying quantities. While the number of scrips is significant, most quantities are relatively small except for a few cases.

Operational Impact: Standard settlement mechanism to ensure delivery completion. Members with failed delivery obligations will face additional costs including auction charges and potential price differences.

Investor Impact: Protects buyers by ensuring they receive their purchased securities through the auction mechanism, maintaining market integrity and settlement discipline.

Impact Justification

Routine demat auction affecting multiple scrips with delivery failures; impacts brokers and clients with pending obligations but is a standard settlement mechanism