Description
BSE revises auction schedule for settlement 2526812, changing auction trade date from February 4 to February 5, 2026, with pay-in deadline at 7:50 AM.
Summary
BSE has issued a revised auction schedule for settlement number 2526812 in partial modification of the February 2026 settlement calendar. The auction trade date has been changed from February 4 to February 5, 2026, with the auction settlement date remaining February 6, 2026. Members must submit pay-in instructions by 7:50 AM on the auction trade date.
Key Points
- Revised auction schedule issued for settlement no. 2526812
- Auction trade date changed from February 4 to February 5, 2026
- Auction settlement date remains February 6, 2026
- Pay-in time for auction at Clearing Corporation: 8:00 AM
- Settlement 2526813 auction schedule also included for reference
- Direct close-out applies to C group, T/P/Z group shortages, and scrips without no-delivery period
Regulatory Changes
This circular partially modifies notice no. 20260120-37 (Settlement calendar for February 2026 for Equity Cash Segment dated January 20, 2026) by revising the auction schedule for settlement 2526812.
Compliance Requirements
- Members must submit pay-in instructions to Depositories/Banks latest by 7:50 AM on auction trade date
- All shortages in C group and trade-to-trade segment (T, P, and Z group) will be directly closed out
- All shortages for scrips in which no-delivery period has been abolished will be directly closed out as per Notice No. 20190529-43 dated May 29, 2019
Important Dates
| Settlement | Trade Date | Custodian Confirmation | Settlement Date | Auction Trade Date | Auction Settlement Date | Pay-in Deadline |
|---|---|---|---|---|---|---|
| 2526812 | Feb 3, 2026 | Feb 4, 2026 | Feb 4, 2026 | Feb 5, 2026 | Feb 6, 2026 | 7:50 AM (Feb 5) |
| 2526813 | Feb 4, 2026 | Feb 5, 2026 | Feb 5, 2026 | Feb 5, 2026 | Feb 6, 2026 | 7:50 AM (Feb 5) |
Impact Assessment
This revision impacts members and custodians participating in settlement 2526812 by extending the auction trade date by one day. Members must adjust their operational timelines to ensure pay-in instructions are submitted by the 7:50 AM deadline on February 5, 2026. The change provides additional time for settlement preparation but requires immediate attention to updated schedules to avoid close-out scenarios.
Impact Justification
Operational change affecting auction timelines for specific settlement requiring member action by specific deadlines