Description

Revised auction schedule for settlement no. 2526813 to be conducted as settlement no. 2526814 due to modification of February 2026 settlement calendar.

Summary

BSE has issued a partial modification to the February 2026 settlement calendar for the Equity Cash Segment. The auction for settlement no. 2526813 (trade date: February 4, 2026) will now be conducted as settlement no. 2526814 with a revised auction trade date of February 9, 2026 and auction settlement date of February 10, 2026.

Key Points

  • Auction for settlement 2526813 rescheduled to be conducted as settlement 2526814
  • Members must submit pay-in instructions to Depositories/Banks by 7:50 AM
  • Pay-in time for auction at Clearing Corporation is 8:00 AM on February 10, 2026
  • All shortages in C group and trade-to-trade segments (T, P, Z groups) will be directly closed out
  • Scrips where no-delivery period has been abolished will have shortages directly closed out

Regulatory Changes

This notice modifies the previously published settlement calendar notice no. 20260120-37 dated January 20, 2026. The change affects the auction schedule timing for settlement 2526813.

Compliance Requirements

  • Members must adhere to the revised auction schedule
  • Pay-in instructions must be submitted to Depositories/Banks latest by 7:50 AM on auction day
  • Members must ensure timely settlement of auction obligations
  • Direct close-out provisions apply as per notice 20190529-43 for specified categories

Important Dates

  • Trade Date (Original Settlement 2526813): February 4, 2026
  • Custodian Confirmation: February 5, 2026
  • Settlement Date: February 5, 2026
  • Auction Trade Date (Settlement 2526814): February 9, 2026
  • Auction Settlement Date: February 10, 2026
  • Pay-in Deadline: 7:50 AM on February 10, 2026
  • Auction Pay-in Time at CC: 8:00 AM on February 10, 2026

Impact Assessment

Members with delivery shortages in settlement 2526813 need to prepare for the revised auction timeline. The rescheduling provides additional time but requires strict adherence to the 7:50 AM pay-in deadline. Members dealing in C group securities and trade-to-trade segments should note the direct close-out provisions to avoid penalties. The modification ensures orderly settlement while accommodating calendar adjustments for February 2026.

Impact Justification

Affects settlement and auction timelines for members with delivery shortages in settlement 2526813, requiring attention to revised pay-in deadlines