Description
BSE notifies demat auction for Settlement No. 829 dated 27/02/2026, listing securities across approximately 90 scrips that failed delivery and are subject to auction.
Summary
Bombay Stock Exchange Ltd. Mumbai has issued the Demat Auction notice for Settlement No. 829, dated 27/02/2026. This auction covers securities across approximately 95 scrip codes where delivery obligations were not met by the concerned parties. The auction enables BSE to procure these shares from the market to fulfill settlement obligations.
Key Points
- Settlement No. 829 demat auction announced for 27/02/2026
- Approximately 95 scrips listed across diverse sectors including banking, infrastructure, technology, and consumer goods
- Largest quantities up for auction: SPICEJET LTD (500285) — 3,72,400 shares; SANSTAR LIMI (544217) — 35,000 shares; SAWACA ENTER (531893) — 30,133 shares; VIRAM SUVARN (540252) — 10,000 shares; Yarn Syndica (890197) — 2,000 shares; Zelio E Mobi (544563) — 2,000 shares
- Notable large-cap stocks included: State Bank of India (500112), Tata Consultancy Services (532540), Tata Motors (500570), Tata Steel (500470), ITC Ltd. (500875), HCL Technologies (532281), Canara Bank (532483), TVS Motor (532343), Vedanta (500295)
Regulatory Changes
No regulatory changes. This is a standard operational notice under BSE’s settlement and auction mechanism for handling delivery defaults.
Compliance Requirements
- Market participants holding these securities must be aware of the auction proceedings
- Entities with short delivery positions in the listed scrips are subject to auction buy-in at prevailing auction prices
- Members must ensure settlement obligations are met to avoid participation in future demat auctions
- Auction participants should refer to BSE’s auction rules and procedures for bidding
Important Dates
- Auction Date: 27/02/2026
- Settlement No.: 829
Impact Assessment
This auction affects delivery defaulters across ~95 scrips, with SPICEJET LTD recording the highest auction quantity (3,72,400 shares), suggesting notable delivery failures in that counter. The inclusion of large-cap and widely-held stocks (SBI, TCS, Tata Motors, ITC, HCL Tech) indicates scattered delivery shortfalls rather than a concentrated sector event. Participants on the short side of these trades face auction prices which may be at a premium to market, resulting in financial penalties. Overall market impact is limited and localized to the affected settlement positions.
Impact Justification
Routine demat auction notice covering ~95 scrips for Settlement No. 829. Affects shareholders and traders with delivery shortfalls in these securities; includes large-cap names like SPICEJET (372,400 shares), SANSTAR (35,000), and SAWACA ENTER (30,133) indicating notable delivery failures.