Description
BSE announces demat auction for settlement number 796 involving 109 securities across various companies with pending delivery obligations.
Summary
BSE has announced a demat auction for Settlement No. 796 dated January 13, 2026. The auction involves 109 securities across various companies where delivery obligations remain pending. The quantities range from as low as 1 share to as high as 1,086,379 shares for Sunshine Capital, indicating significant delivery shortfalls in specific securities.
Key Points
- Settlement Number: 796
- Auction Date: January 13, 2026
- Total Securities Involved: 109 different scrips
- Largest Quantity: Sunshine Capital (539574) - 1,086,379 shares
- Other Significant Quantities: India Homes (29,640 shares), Subex Ltd (25,000 shares), PRO CLB Global (22,500 shares)
- Mix of large-cap and small-cap companies affected
- Includes prominent stocks like Reliance Industries, Tata Motors, Nestle India, HCL Tech, Vedanta
Regulatory Changes
No regulatory changes announced. This is a standard operational circular for demat auction proceedings.
Compliance Requirements
- Trading members with pending delivery obligations must participate in the auction process
- Settlement of outstanding delivery obligations through the auction mechanism
- Members must ensure availability of securities or funds for auction settlement
- Compliance with BSE’s standard auction settlement procedures and timelines
Important Dates
- Auction Date: January 13, 2026
- Settlement No: 796
- Auction participants must adhere to BSE’s prescribed auction timelines for bidding and settlement
Impact Assessment
Market Impact: Medium - The auction affects 109 securities with varying liquidity profiles. While most quantities are relatively small, some securities like Sunshine Capital have extremely large pending quantities which could impact price discovery during the auction.
Operational Impact: Affects trading members and their clients who have pending delivery obligations. Members must arrange for securities or funds to fulfill auction obligations, which may require immediate liquidity management.
Investor Impact: Clients with short delivery positions will face auction consequences including potential price penalties and additional costs. The wide range of affected securities suggests scattered delivery failures across the market rather than systemic issues.
Impact Justification
Routine demat auction for settlement obligations affecting multiple securities with varying quantities, operational impact on specific trading members and clients with pending deliveries