BSE Announces Demat Auction For Settlement DR-658, Offers Invited From Trading Members On June 25
Mumbai: BSE Limited has announced a Demat Auction under Rolling Settlement DR-658/2025-26. This auction is for trading members who wish to purchase securities offered in the settlement process.
The auction will be conducted on Wednesday, June 25, 2025, with the following schedule:
Auction Offer Entry: 2:00 p.m. to 2:45 p.m.
Auction Matching: 2:45 p.m. to 3:00 p.m.
Delivery Statement & Accepted Offer Report: 3:00 p.m. to 3:30 p.m.
Money Statement & Final Reports: 3:35 p.m. to 5:30 p.m.
The Pay-in of securities for the auction will take place on Thursday, June 26, 2025, at 8:00 a.m.
Trading members and custodians are requested to check their auction pay-in obligations and complete their securities pay-in with depositories within the cut-off timings.
Key Points to Remember
Members must ensure accurate entry of security codes and rates. No changes will be allowed after entry.
BSE may accept or reject offers without giving any reason.
The restriction on trading members offering securities in the same settlement where they had short delivered has been removed.
Members should check the cut-off rate on the auction screen and stay updated on corporate actions like rights, bonus, or split issues.
For any further details, members may refer to the attached notice or contact Indian Clearing Corporation Ltd.
news