Description
BSE demat auction listing 89 scrips with specified quantities for settlement number 774 dated December 11, 2025.
Summary
BSE has announced Demat Auction for Settlement No. 774 dated December 11, 2025. The auction list includes 89 scrips across various sectors where delivery obligations have not been met. The quantities range from as low as 1 share to as high as 432,980 shares (Magellanic Cloud Limited), indicating varying degrees of delivery failures across different securities.
Key Points
- Total of 89 scrips listed for demat auction under Settlement No. 774
- Auction date: December 11, 2025
- Quantities range from 1 share to 432,980 shares
- Highest quantity: Magellanic Cloud (432,980 shares)
- Other significant quantities: Captain Pipe (150,000 shares), Spright Agro (300,002 shares), SVS Ventures (12,000 shares)
- Covers diverse sectors including power, telecommunications, finance, manufacturing, consumer goods, and technology
- Auction initiated due to non-delivery of securities by trading members
Regulatory Changes
No regulatory changes announced. This is a standard market operation procedure under existing BSE auction framework for handling delivery shortfalls.
Compliance Requirements
- Trading members who have failed to deliver securities must participate in the auction or face the consequences of auction settlement prices
- Buying members are entitled to receive securities through the auction mechanism
- Members must comply with payment and delivery obligations arising from auction results
- Auction participants must adhere to BSE’s auction procedures and timelines
Important Dates
- Settlement Date: December 11, 2025
- Settlement Number: 774
- Auction execution date: As per BSE’s standard auction schedule following settlement date
Impact Assessment
Market Impact: Medium - The auction involves 89 scrips, indicating widespread delivery failures across multiple stocks. This could lead to price volatility in affected securities during and after the auction.
Liquidity Impact: Demat auctions typically result in elevated prices as defaulting members must procure shares from the open market, potentially creating temporary demand-supply imbalances.
Investor Impact: Shareholders of the listed securities may experience short-term price movements. The presence of large quantities like 432,980 shares of Magellanic Cloud, 300,002 shares of Spright Agro, and 150,000 shares of Captain Pipe suggests significant settlement issues that could affect these stocks more prominently.
Trading Member Impact: Members who failed to deliver face financial penalties through higher auction prices and potential regulatory scrutiny for repeated failures.
Systemic Indicator: The range and number of scrips in this auction may indicate broader settlement efficiency issues in the market or concentrated problems with specific trading members.
Impact Justification
Demat auctions indicate delivery failures by trading members and directly impact specific scrips and their shareholders. While this is a routine settlement mechanism, it involves 89 scrips with varying quantities, indicating systemic delivery shortfalls that require market attention.