Description
BSE demat auction for settlement number 778 covering delivery shortfalls across 96 scrips with quantities ranging from 1 to 10 million shares.
Summary
BSE has announced a demat auction for Settlement No. 778 dated December 17, 2025. The auction covers delivery shortfalls across 96 scrips (securities) where members failed to deliver shares. Quantities range from as low as 1 share to as high as 10 million shares in MANGALAM IND (scrip code 537800). This is a routine market mechanism to close out failed deliveries.
Key Points
- Settlement Number: 778
- Auction Date: December 17, 2025
- Total Scrips Affected: 96 securities
- Largest Shortfall: MANGALAM IND (537800) - 10,000,000 shares
- Other Significant Shortfalls: HINDUSTAN CO (500185) - 50,000 shares, SHISH INDUST (540693) - 15,298 shares
- Smallest Shortfalls: Multiple scrips with 1-3 shares
- Covers diverse sectors including banking, manufacturing, textiles, chemicals, infrastructure, and consumer goods
Regulatory Changes
No regulatory changes announced. This is a standard operational circular for auction proceedings.
Compliance Requirements
- Trading members with delivery obligations in the listed scrips must participate in the auction process
- Members must arrange for securities to fulfill delivery shortfalls
- Auction proceedings will follow BSE’s standard auction rules and timelines
- Members failing to deliver must purchase securities through the auction mechanism
Important Dates
- Settlement Date: December 17, 2025
- Auction Proceedings: To be conducted as per BSE auction schedule for Settlement No. 778
Impact Assessment
Market Impact: Medium - Affects 96 scrips across multiple sectors. While most quantities are small, large shortfalls in specific scrips like MANGALAM IND (10 million shares) and HINDUSTAN CO (50,000 shares) could create temporary price pressure during auction.
Operational Impact: Standard demat auction mechanism ensures orderly settlement of failed deliveries. Members with shortfalls face potential auction penalties and higher acquisition costs.
Investor Impact: Minimal direct impact on retail investors. The auction process ensures delivery obligations are met, maintaining settlement integrity in the market.
Impact Justification
Routine demat auction affecting 96 scrips with varying quantities. While operationally significant for affected members, this is a standard settlement mechanism for delivery shortfalls.