Description
BSE announces Demat Auction Settlement No. 825 dated 23/02/2026, listing securities and quantities put up for auction due to non-delivery of shares in the normal market segment.
Summary
BSE has announced Demat Auction Settlement No. 825 dated 23 February 2026. The auction lists securities across a wide range of companies where delivery obligations were not met in the normal market segment. Brokers and market participants with outstanding delivery shortfalls in these securities are required to fulfil their obligations through the auction mechanism.
Key Points
- Settlement No. 825 conducted by Bombay Stock Exchange Ltd., Mumbai
- Auction date: 23 February 2026
- Over 100 scrips listed across large-cap, mid-cap, and small-cap segments
- Quantities range from 1 share (several blue-chip stocks) to thousands (e.g., NOVARTIS INDIA – 4,031; VISTAR AMAR – 4,002; MRC AGROTECH – 3,000; BGIL FILMS – 3,602; URJA GLOBAL – 2,000; JINDAL POLY – 2,000)
- Auction covers a broad spectrum of sectors including banking, pharma, energy, infrastructure, FMCG, and IT
Regulatory Changes
No new regulatory changes introduced. This is a routine settlement mechanism under existing BSE auction procedures for handling delivery shortfalls in the normal market segment.
Compliance Requirements
- Member brokers with delivery obligations in the listed securities must participate in the auction or arrange for securities delivery
- Sellers who fail to deliver in the auction will be subject to close-out at the highest price between the original trade date and auction date, plus applicable penalties
- Members should ensure timely settlement to avoid close-out charges
Important Dates
- Auction Date: 23 February 2026
- Settlement No.: 825
Impact Assessment
This demat auction impacts counterparties with unmet delivery obligations across 100+ securities. Notable large quantities include NOVARTIS INDIA (4,031 shares), VISTAR AMAR (4,002), BGIL FILMS & TV (3,602), MRC AGROTECH (3,000), URJA GLOBAL (2,000), and JINDAL POLY FILMS (2,000). Blue-chip stocks such as HDFC Bank, Infosys, Reliance Industries, State Bank of India, Tata Steel, NTPC, and others appear in small quantities, indicating isolated delivery failures. The auction serves as a corrective mechanism and its market impact is limited to the specific counterparties involved. No systemic risk implications are indicated.
Impact Justification
Routine demat auction notice listing securities with delivery shortfalls from the normal market. Affects specific counterparties with unmet delivery obligations. Settlement No. 825 involves a large number of stocks (100+ scrips) spanning blue-chips and mid/small-caps, making it moderately impactful for short-term traders with open positions.