Description

BSE has notified a demat auction for Settlement No. 823 dated February 20, 2026, listing 92 securities across various scrip codes that are subject to auction due to non-delivery obligations.

Summary

BSE has published the Demat Auction notice for Settlement No. 823, dated February 20, 2026. The auction covers 92 securities across a wide range of scrip codes where delivery obligations were not fulfilled during the settlement cycle. Affected parties must participate in the auction to close out their open positions.

Key Points

  • Demat Auction pertains to Settlement No. 823 on February 20, 2026.
  • A total of 92 securities (listed in pairs across two columns) are included in the auction.
  • Quantities range from 1 unit (e.g., APAR Industries, Axel Polymers) to 40,000 units (Kretto Sysco).
  • Notable large-quantity entries include: Kretto Sysco (40,000), BLB Ltd. (11,395), Godfrey Phillips (2,510), Yuvraaj Hygiene (2,485), Suditi Industries (2,900), Super Crop Safe (2,071), Taylormade Renewables (2,042), and Medi-Caps (4,619).
  • The auction includes equities across sectors: pharma, IT, finance, FMCG, energy, and industrial goods.
  • One debt instrument is included: ICLFL-10.50% (scrip code 940759), quantity 89.

Regulatory Changes

No regulatory changes are introduced. This is a standard operational notice under BSE’s settlement and auction framework for handling delivery shortfalls.

Compliance Requirements

  • Members with short delivery positions in the listed securities must fulfill obligations through the demat auction process.
  • Buying members entitled to receive the auctioned securities will receive shares at the auction price or a close-out rate as per BSE rules.
  • All participants must comply with BSE’s demat auction procedures and timelines for Settlement No. 823.

Important Dates

  • Auction Date / Settlement Date: February 20, 2026
  • Settlement No.: 823

Impact Assessment

The auction affects a diverse set of 92 securities, indicating a routine but broad settlement shortfall for this cycle. The inclusion of widely-held stocks such as Infosys, TCS, JSW Steel, Mahindra & Mahindra, Marico, and Punjab National Bank suggests minor short-delivery incidents rather than systemic failures. The large quantity in Kretto Sysco (40,000 shares) and BLB Ltd. (11,395 shares) may indicate more material delivery failures for those counters. Affected buyers will receive close-out compensation per BSE norms. No broader market disruption is anticipated.

Impact Justification

Routine demat auction notice affecting a broad set of 92 securities due to settlement non-delivery; operationally significant for affected counterparties but not a systemic market event.