Description
BSE announces demat auction settlement for scrips with delivery shortages across multiple companies including significant quantities of Tilak Ventures Limited.
Summary
BSE has published the demat auction list for Settlement No. 797 dated January 14, 2026. The auction involves 87 scrips across various sectors where delivery shortages have occurred. The settlement includes a particularly significant quantity of Tilak Ventures Limited shares (5,990,413 units) and several other companies with substantial volumes requiring auction settlement.
Key Points
- Settlement Number: 797
- Settlement Date: January 14, 2026
- Total Scrips Involved: 87 companies
- Largest auction quantity: Tilak Ventures Limited (503663) - 5,990,413 shares
- Other significant quantities include: Sunshine Capital (539574) - 83,138 shares, Mehai Technologies (540730) - 40,100 shares, Padam Cotton (531395) - 11,092 shares
- Covers diverse sectors including pharmaceuticals, technology, steel, finance, and manufacturing
- Multiple blue-chip companies affected including HCL Technologies (20 shares), JSW Steel (611 shares), Biocon (150 shares)
Regulatory Changes
No regulatory changes announced. This is a routine operational circular for demat auction settlement process.
Compliance Requirements
- Members with delivery shortages must participate in the demat auction for the listed scrips
- Settlement must be completed as per BSE’s standard auction settlement procedures
- Members are required to fulfill their delivery obligations through the auction mechanism for the specified quantities
Important Dates
- Settlement Date: January 14, 2026
- Settlement Number: 797
- Auction participants must adhere to BSE’s prescribed auction settlement timeline
Impact Assessment
Market Impact: Medium - The auction affects 87 scrips with varying quantities. The exceptionally high volume in Tilak Ventures Limited (nearly 6 million shares) indicates significant delivery failure for that scrip, which may cause price volatility during auction settlement.
Operational Impact: Medium - Brokers and clearing members with open positions in these scrips must arrange for auction settlement, potentially at higher prices than the original trade price.
Liquidity Impact: The diverse range of companies affected (from large caps like HCL Tech and JSW Steel to smaller companies) suggests widespread but relatively small delivery issues across the market. The auction mechanism will provide liquidity to complete these settlements.
Notable Concerns: The massive quantity of Tilak Ventures shares requiring auction settlement (5.99 million shares) is unusually high and may indicate significant operational or liquidity issues specific to that scrip.
Impact Justification
Routine demat auction settlement affecting 87 scrips with delivery shortages. Notable for exceptionally high quantity of Tilak Ventures Limited (5,990,413 shares) and several other scrips with substantial quantities. Medium impact as it indicates settlement failures requiring auction mechanism.