Description
BSE Demat Auction notice for Settlement No. 768 listing securities and quantities to be auctioned across various scrips on December 3, 2025.
Summary
BSE has issued a Demat Auction notice for Settlement No. 768 dated December 3, 2025. The auction lists 86 securities across various scrips with specific quantities to be auctioned. This is a standard settlement mechanism to address delivery shortfalls in the clearing and settlement process.
Key Points
- Settlement Number: 768
- Auction Date: December 3, 2025
- Total number of scrips involved: 86 different securities
- Quantities range from 1 share to 89,925 shares depending on the scrip
- Notable high-quantity auctions include AVANCE TECH (89,925 shares), TRESCON LIMITED (46,993 shares), MANGALAM GLOBAL (19,622 shares), HINDUSTAN CONSTRUCTION (16,000 shares)
- Covers diverse sectors including banking, pharmaceuticals, automobiles, technology, and heavy industries
Regulatory Changes
No regulatory changes are introduced in this circular. This is a routine operational notice.
Compliance Requirements
- Trading members who have failed to deliver securities must participate in the demat auction or arrange for delivery
- Members with obligations must settle their positions as per BSE clearing and settlement procedures
- Auction participants must have sufficient funds/securities to fulfill auction obligations
- Settlement must be completed as per the specified settlement cycle
Important Dates
- Auction Date: December 3, 2025
- Settlement No.: 768
Impact Assessment
Operational Impact: Medium - Affects 86 different securities with delivery obligations that need to be settled through auction mechanism.
Market Impact: Medium - While this is a routine settlement process, the auction involves significant quantities in some scrips (e.g., AVANCE TECH with 89,925 shares, TRESCON with 46,993 shares) which could have price implications.
Member Impact: Direct impact on trading members with pending delivery obligations who must either arrange delivery or participate in the auction at potentially unfavorable prices.
Investor Impact: Low to Medium - Retail investors are generally not directly affected unless they are counterparties to the failed deliveries. The auction mechanism ensures settlement completion.
Impact Justification
Routine demat auction affecting multiple securities with specific quantities. Direct operational impact on participants with pending obligations but part of standard settlement process.