Description
BSE Limited invites auction offers from trading members for purchase of securities under Rolling Settlement No. DR-613/2026-27, with offer entry on April 21, 2026 and pay-in on April 22, 2026.
Summary
BSE Limited, through Indian Clearing Corporation Ltd. (ICCL), has issued a notice inviting offers from trading members for the purchase of securities in a Demat Auction under Rolling Settlement No. DR-613/2026-27. Auction offer entry is scheduled for April 21, 2026, with pay-in on April 22, 2026.
Key Points
- Auction is for securities under Rolling Settlement No. DR-613/2026-27 in the Equity segment
- Offer entry window: 02:00 PM to 02:45 PM on April 21, 2026
- Auction matching: 02:45 PM to 03:00 PM on April 21, 2026
- Delivery statement and accepted auction offer reports: 03:00 PM to 03:30 PM
- Money statement and final reports: 03:35 PM to 05:30 PM
- Auction pay-in (securities): Wednesday, April 22, 2026 at 08:00 AM
- Members and custodians must complete securities pay-in in depositories within depository cut-off timings
- No corrections permitted for punching errors in securities code or rate
- Exchange reserves the right to accept or reject any offer without assigning reasons
Regulatory Changes
Following the implementation of the Uniform Membership Structure in the Equity Cash Segment, settlement is now processed through the Clearing Member of a Trading Member. The previous restriction preventing trading members from offering securities in auction for settlements in which they had short-delivered has been removed.
Compliance Requirements
- Trading members must submit auction offers via trading terminals within the specified session timings
- Members and custodians must verify their auction pay-in obligations for securities and complete pay-in within depository cut-off timings on April 22, 2026
- Trading members must refer to the cutoff rate on the “Auction Offer Entry Screen” before submitting offers
- Trading members should consult notices regarding Corporate Actions (Ex-Rights, Ex-Bonus, Ex-Split, etc.) for relevant scrips before submitting offers
- No corrections will be permitted after punching; utmost care must be exercised
Important Dates
- April 21, 2026: Auction offer entry (02:00 PM – 02:45 PM), Auction matching (02:45 PM – 03:00 PM), Delivery statement (03:00 PM – 03:30 PM), Final reports (03:35 PM – 05:30 PM)
- April 22, 2026: Auction pay-in at 08:00 AM
Impact Assessment
This is a routine operational auction notice affecting trading members who have short-delivered securities in Rolling Settlement DR-613/2026-27. The removal of the restriction on trading members offering securities in auctions for settlements where they short-delivered introduces greater flexibility under the Uniform Membership Structure. Members with outstanding auction obligations must act promptly within the defined windows to avoid penalties or settlement failures.
Impact Justification
Routine demat auction notice for short-delivered securities under a specific rolling settlement cycle; affects trading members with auction obligations but is a standard operational event.