Description
BSE announces Demat Auction for Settlement No. 826 dated February 24, 2026, listing securities where delivery obligations were not met, across 75+ scrips.
Summary
BSE has published the Demat Auction notice for Settlement No. 826 dated February 24, 2026. This auction covers securities across 75+ scrips where selling brokers failed to deliver shares on the due settlement date. The exchange conducts these auctions to fulfil the delivery obligations of buying brokers.
Key Points
- Settlement No.: 826
- Auction Date: February 24, 2026
- Exchange: Bombay Stock Exchange (BSE), Mumbai
- Total scrips listed for auction: 75+
- Quantities range from 1 share (e.g., Allied Blend, Emmvee Photo, Force Motors) to large lots such as DEE DEVELOPM (25,638 shares), Blue Jet Healthcare (10,686 shares), and GUJARAT TOOL (13,598 shares)
- Notable scrips include: 360 ONE WAM, Axis Bank, Bajaj Consumer, Berger Paints, Sun Pharma, Suzlon Energy, Reliance Power, GMR Airports, Ola Electric, Tata Motors, Muthoot Finance, IDFC First Bank, Inox Wind, Nippon India (multiple ETFs/funds), Mazagon Dock, Route Mobile, Newgen Software, Medplus Health
Regulatory Changes
No regulatory changes. This is a routine operational notice under BSE’s standard settlement and auction framework for handling delivery defaults.
Compliance Requirements
- Brokers with buying positions in the listed scrips must participate or await the auction outcome to receive their securities or close-out proceeds.
- Selling brokers who failed delivery are subject to auction cost differentials and applicable penalties as per BSE settlement rules.
- All participants must comply with SEBI and BSE settlement regulations governing demat auctions.
Important Dates
- Settlement No.: 826
- Auction Date: February 24, 2026
- Applicable settlement cycle obligations are as per BSE’s T+1 rolling settlement framework
Impact Assessment
This is a routine, low-impact operational notice. The demat auction mechanism ensures buying brokers receive their securities or equivalent close-out compensation when sellers default on delivery. The quantities involved are relatively small for most scrips. The larger lots (DEE DEVELOPM: 25,638; GUJARAT TOOL: 13,598; Blue Jet Healthcare: 10,686; R M DRIP AND: 5,136) may see minor price impact during the auction session. No systemic or broad market impact is anticipated.
Impact Justification
Routine demat auction notice listing securities with unmet delivery obligations for Settlement No. 826. Standard market operations event with no broad regulatory or policy implications; impact limited to counterparties in the specific failed deliveries.