Description

BSE announces demat auction settlement for 98 scrips with failed delivery obligations across various securities.

Summary

BSE has published the demat auction list for Settlement No. 798 dated January 16, 2026. The auction involves 98 scrips where delivery obligations have failed and securities need to be procured through the auction mechanism. The quantities range from as low as 1 share to as high as 158,001 shares for Tilak Ventures.

Key Points

  • Settlement Number: 798
  • Date: January 16, 2026
  • Total scrips involved: 98 securities
  • Auction covers various sectors including banking, pharmaceuticals, metals, auto components, and mutual funds
  • Highest quantity: Tilak Ventures (503663) - 158,001 shares
  • Other significant quantities: Wardwizard Innovations (32,300 shares), Evexia Lifecare (14,693 shares), UCAL Limited (4,740 shares)

Regulatory Changes

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

Compliance Requirements

  • Members with failed delivery obligations must participate in the demat auction process
  • Securities must be procured through the auction mechanism as per BSE’s settlement procedures
  • Members are required to fulfill their delivery obligations through the auction system

Important Dates

  • Settlement Date: January 16, 2026
  • Settlement Number: 798

Impact Assessment

Market Impact: Medium - The demat auction affects 98 scrips with varying quantities. While this is a routine settlement process, it indicates delivery failures across multiple securities.

Operational Impact: The auction will require affected members to procure securities through the auction mechanism, potentially at prices different from the original transaction prices. Members with failed obligations will face additional costs and operational requirements to close out positions.

Investor Impact: Localized impact on specific securities where delivery failures have occurred. The auction mechanism ensures settlement completion but may result in price volatility for the affected scrips during the auction process.

Impact Justification

Routine demat auction settlement affecting 98 scrips due to delivery failures. Standard market operation with localized impact on specific securities and members with failed obligations.