The Bombay Stock Exchange (BSE) on February 14, 2025, notified regarding the Enhancement of operational efficiency and Risk Reduction – Pay-out of securities directly to client demat account – Pilot launch on 25-Feb-2025.
The following has been stated namely: -
• It states that the payout of the Auction conducted on Trade date February 24, 2025 (2425827) for shortages of Normal market (2425827) shall be credited to the members pool as existing.
• It states that the revised mechanism of the auction for internal shortages shall be released by ICCL on February 25, 2025.
• It notifies that the valuation amount for internal shortages will be based on the security's settlement price plus a 20% mark-up or as determined by the Clearing Corporation (CC).
[Notification no. - 20250214-69]
