BSE Demat Auction - Settlement No. 830

Description

BSE announces demat auction for Settlement No. 830 dated March 2, 2026, listing securities of approximately 90 scrips to be auctioned due to non-delivery.

Summary

BSE has published the demat auction schedule for Settlement No. 830, dated March 2, 2026. The auction covers approximately 90 scrips where securities were not delivered by the obligated sellers, necessitating a compulsory auction to fulfill buyer obligations.

Key Points

• Settlement No. 830 demat auction notice issued by Bombay Stock Exchange Ltd., Mumbai
• Approximately 90 scrips are included in this auction
• Quantities range from 1 share (multiple scrips) to 8,425 shares (Vodafone Idea)
• Large-quantity auctions include: Vodafone Idea - 8,425 shares; Mahindra & Mahindra - 4,496 shares; Fusion Finance - 2,500 shares; TGIF Agribusiness - 1,200 shares; Parle Industries - 1,771 shares; Steel Authority of India - 1,050 shares; Pratik Panel - 1,000 shares
• The auction covers both large-cap and small/mid-cap securities

Regulatory Changes

No new regulatory changes. This is a routine settlement mechanism under existing BSE bye-laws for handling short deliveries in the secondary market.

Compliance Requirements

• Members with auction obligations must participate and fulfil delivery requirements
• Buyers of auctioned securities will receive shares through the auction mechanism
• If auction fails, close-out procedure will be invoked as per BSE regulations
• Members must ensure timely participation in the auction session

Important Dates

• Auction Notice Date: March 2, 2026
• Settlement No.: 830
• Auction session timing: As per BSE standard auction schedule for the respective settlement

Impact Assessment

This is a routine operational notice with moderate impact on market participants holding obligations in the listed securities. Sellers who failed to deliver shares for Settlement No. 830 will face auction close-out at prices potentially unfavorable to them. Buyers will receive their securities through the auction mechanism. Notable large-quantity auctions (Vodafone Idea at 8,425 shares, M&M at 4,496 shares) may have minor price discovery implications for those counters on the auction date. Overall market impact is low as this is a standard settlement process.

Securities Listed for Auction

Impact Justification

Routine BSE demat auction notice for Settlement No. 830 covering ~90 scrips. While operationally routine, it has medium impact on holders of the listed securities who may face compulsory auction settlement for undelivered shares.