Description

BSE announces corporate actions for 21 securities including dividends, HDFC Bank bonus issue, and India Glycols stock split for July-August 2025.

Summary

BSE has announced corporate actions for 21 securities under the SLB (Securities Lending and Borrowing) framework. The actions include dividend declarations for 19 companies, one bonus issue by HDFC Bank, and one stock split by India Glycols, with ex-dates and record dates scheduled between July 31, 2025, and August 27, 2025.

Key Points

  • 19 companies declaring dividends with ex-dates from July 31 to August 27, 2025
  • HDFC Bank Limited announcing bonus issue with ex-date August 26, 2025
  • India Glycols Limited executing stock split with ex-date August 12, 2025
  • All securities will have shut periods ranging from 1-4 days around their respective record dates
  • Foreclosure date specified only for HDFC Bank bonus issue (August 26, 2025)

Regulatory Changes

No new regulatory changes introduced. This circular provides scheduled corporate action dates under existing SLB framework regulations.

Compliance Requirements

  • Market participants must adjust their SLB positions before respective ex-dates
  • Securities will be unavailable for lending/borrowing during specified shut periods
  • Investors must hold securities before ex-dates to be eligible for corporate benefits
  • Trading members must update their systems for corporate action adjustments

Important Dates

  • July 30, 2025: Shut period begins for COFORGE, TTK Prestige, Balkrishna Industries
  • July 31, 2025: Ex-date for COFORGE, TTK Prestige, Balkrishna Industries dividends
  • August 1, 2025: Ex-date for Premier Energies, Bharat Heavy Electricals, REC Limited, LT Foods dividends
  • August 26, 2025: Ex-date for HDFC Bank bonus issue
  • August 27, 2025: Record date for HDFC Bank bonus issue and MAS Financial dividend

Impact Assessment

Market Impact: Medium - affects trading and lending/borrowing of 21 securities across different sectors. Operational Impact: Participants need to monitor multiple ex-dates and adjust positions accordingly. Investor Impact: Dividend recipients and bonus/split beneficiaries must hold securities before respective ex-dates. The staggered timeline from July 31 to August 27 allows for systematic processing of corporate actions.

Impact Justification

Affects multiple securities with various corporate actions requiring investor attention for trading adjustments