Description
BSE invites auction offers from trading members for purchase of securities under Rolling Settlement No. DR-619/2026-27, with offer entry on April 29, 2026 and pay-in on April 30, 2026.
Summary
BSE Limited, through Indian Clearing Corporation Ltd. (ICCL), has announced Demat Auction 619 for Rolling Settlement No. DR-619/2026-27. Trading members are invited to submit auction offers for purchase of securities on April 29, 2026, with pay-in scheduled for April 30, 2026.
Key Points
- Auction offer entry window: 2:00 PM to 2:45 PM on April 29, 2026
- Auction matching session: 2:45 PM to 3:00 PM on April 29, 2026
- Delivery statement and accepted auction offer reports: 3:00 PM to 3:30 PM on April 29, 2026
- Money statement and final reports: 3:35 PM to 5:30 PM on April 29, 2026
- Securities pay-in deadline: April 30, 2026 at 8:00 AM via depositories
- No corrections permitted for punching errors; members must exercise care with security codes and rates
- The Exchange reserves the right to accept or reject any offer without reason
Regulatory Changes
Following implementation of the Uniform Membership structure in the Equity Cash Segment, settlement is now processed through the Clearing Member of a Trading Member. The restriction on trading members offering securities in auctions for settlements in which they have short delivered has been removed.
Compliance Requirements
- Trading members must submit auction offers through trading terminals within the designated session window
- Members and Custodians must verify their auction pay-in obligations for securities
- Securities pay-in must be executed in depositories within depository cut-off timings on April 30, 2026
- Members should refer to the cutoff rate on the Auction Offer Entry Screen before submitting offers
- Members should review notices on Corporate Actions (Ex-Rights, Ex-Bonus, Ex-Split) for relevant scrips
Important Dates
- April 29, 2026: Auction offer entry (2:00 PM – 2:45 PM), matching (2:45 PM – 3:00 PM), delivery statements (3:00 PM – 3:30 PM), final reports (3:35 PM – 5:30 PM)
- April 30, 2026 at 8:00 AM: Pay-in of auction securities
Impact Assessment
This is a routine operational notice affecting trading members with short delivery obligations under Rolling Settlement DR-619/2026-27. The removal of the restriction on members offering securities in auctions where they had short deliveries provides additional flexibility under the Uniform Membership structure. Members with auction obligations must act within tight intraday windows on April 29, 2026 to avoid penalties.
Impact Justification
Routine demat auction notice for short deliveries in equity rolling settlement; operationally important for affected trading members but limited broader market impact.