BSE Announces Demat Auction For Settlement DR-637, Trading Members Invited To Submit Offers On May 27

BSE Announces Demat Auction For Settlement DR-637, Trading Members Invited To Submit Offers On May 27

BSE is conducting a Demat Auction on May 27, 2025, under DR-637. Trading members must submit offers within specified hours and ensure accurate entries. Settlement obligations are due by May 28, 2025.

G R MukeshUpdated: Tuesday, May 27, 2025, 02:45 PM IST
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BSE is conducting a Demat Auction on May 27, 2025, under DR-637. |

Mumbai: BSE Limited has announced a Demat Auction under Rolling Settlement No. DR-637/2025-26. This auction is scheduled to take place on Tuesday, May 27, 2025. All trading members of the exchange are invited to participate in this process.

The auction will take place on the BSE trading terminals. It will begin with the auction offer entry session from 2:00 p.m. to 2:45 p.m. This will be followed by the auction matching session from 2:45 p.m. to 3:00 p.m. After that, between 3:00 p.m. and 3:30 p.m., the delivery statement and accepted auction report will be released. The money statement and final reports will be available from 3:35 p.m. to 5:30 p.m.

The pay-in for the auction will be held the next day, Wednesday, May 28, 2025, at 8:00 a.m. Members and custodians must ensure that securities pay-in is completed within the depository cut-off time.

It is important to note that trading members can now offer securities in the same settlement even if they were short-delivered earlier. However, members must be cautious while entering security codes and prices. Errors cannot be corrected once submitted.

Members are also advised to follow updates related to corporate actions such as Ex-Rights, Ex-Bonus, or Ex-Split events. These updates can affect the auction and must be reviewed beforehand.

The exchange may accept or reject any auction offer without explanation.

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