Description

BSE demat auction listing for settlement number 789 covering securities from various companies that failed to deliver shares.

Summary

BSE has published the demat auction list for Settlement No. 789 dated January 2, 2026. This circular lists securities from 98 companies where delivery failures have occurred, requiring auction to complete settlement obligations. The quantities range from single shares to tens of thousands across various sectors.

Key Points

  • Settlement Number: 789
  • Auction Date: January 2, 2026
  • Total number of scrips affected: 98
  • Quantities range from 1 share to 49,900 shares
  • Major auctions include EXCEL REALTY (49,900 shares), SAMBHV STEEL (23,534 shares), and BABA ARTS (8,935 shares)
  • Covers diverse sectors: banking, power, automotive, technology, real estate, metals, and consumer goods

Regulatory Changes

No regulatory changes introduced. This is a standard operational circular for settlement processes.

Compliance Requirements

  • Trading members with outstanding delivery obligations must participate in the auction
  • Settlement must be completed for all listed securities
  • Brokers must ensure client obligations are fulfilled through auction mechanism
  • Payment and delivery obligations as per BSE auction rules apply

Important Dates

  • Settlement Date: January 2, 2026
  • Settlement Number: 789

Impact Assessment

Market Impact: Medium - affects 98 securities across various market segments

Operational Impact: Brokers and trading members with shortages in these securities must participate in the auction or face penalties. Large quantities in some securities (EXCEL REALTY, SAMBHV STEEL, SWOJAS FOODS) may experience price volatility during auction.

Investor Impact: Investors with pending deliveries in these securities may experience settlement delays. Auction prices may differ from market prices, affecting transaction costs for parties with delivery obligations.

Sector Coverage: Broad impact across banking (INDIANB, SBIN, INDUSINDBK, CITYUNIONBK), infrastructure (NCC, LT, RVNL), power (ADANIPOWER, TDPOWERSYS, PFC), metals (HINDALCO, GRAVITAIND, KALYANKJIL), and technology (WIPRO, HFCL) sectors.

Impact Justification

Routine demat auction affecting multiple securities due to delivery failures. Important for affected traders and brokers but part of standard settlement operations.