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Notice No20190517-7Notice Date17 May 2019
CategorySettlement/RMSSegmentGeneral
SubjectDemat Auction - 031
Content

AR031

 

DEMAT AUCTION

 

BSE Limited invites offers from the trading members of the Exchange for purchase of the following securities in Auction in respect of Rolling Settlement No.DR-031/2019-20.

 

The offers will be accepted on BOLT, by the Exchange on Friday, May 17, 2019 as detailed below:

                

Session

Timings

Auction offer entry

02.00 p.m. to 02.45 p.m.

Auction Matching

02.45 p.m. to 03.00 p.m.

Delivery Statement and report
of accepted auction offers

03.00 p.m. to 03.30 p.m.

Money Statement & final reports

03.55 p.m. to 05.30 p.m.

 

Trading members may note that, after implementation of Uniform Membership structure in Equity Cash Segment, settlement will be done through Clearing Member of a Trading Member. The restriction on trading members on offering securities in auction in the settlement in which they have short delivered such securities is now removed.

 

Trading members should take utmost care while punching ISIN securities code and rate. In case of punching errors, no corrections will be permitted. The Exchange reserves the right to accept or reject any offer without assigning any reason thereof.

 

Trading members may further note that sometimes the transactions in the scrips which are entered into Cum-Right /Cum-Bonus/cum-split basis are auctioned at a subsequent date when the scrip becomes Ex-Right /Ex –Bonus/Ex-Split. Trading members are therefore, requested to refer the cutoff rate (which is the close out rate) appearing in the “Auction offer Entry Screen” and accordingly give their auction offers, which will take care of Cum-Rights/Cum-Bonus/Cum-Split rates. Trading members must also refer notices issued by Corporate Relationship Department from time to time informing about the scrips becoming Ex-Rights/Ex-Bonus/Ex-Split. Any subsequent request from the trading members to cancel the auction offer on account of Ex-Right/Ex-Bonus/Ex-Split rates offered for Cum-Right/Cum-Bonus/Cum-Split transactions will not be entertained.

 

The Pay-in of the Auction will be held on Monday, May 20, 2019 at 09.30 a.m.

 

For Indian Clearing Corporation Ltd.

 

 

Ajay Darji

Asst. General Manager

 

Date: Friday, May 17, 2019

 

 

Attachments
off031.txt