Description

BSE announces corporate action schedule for 21 securities including dividend declarations, HDFC Bank bonus issue, and India Glycols stock split with respective record dates and shut periods.

Summary

BSE has announced corporate action schedules for 21 securities in the SLB (Securities Lending and Borrowing) segment. The announcement includes 18 dividend declarations, 1 bonus issue (HDFC Bank), and 1 stock split (India Glycols) with specific record dates, ex-dates, and shut periods scheduled between July 31, 2025, and August 27, 2025.

Key Points

  • 18 companies declaring dividends with record dates ranging from July 31 to August 27, 2025
  • HDFC Bank announcing bonus issue with record date August 27, 2025 and ex-date August 26, 2025
  • India Glycols implementing stock split with record date August 12, 2025
  • All securities will have trading shut periods typically lasting 1-3 days around record dates
  • Ex-dates generally coincide with record dates except for HDFC Bank bonus issue and MAS Financial dividend

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification for SLB securities.

Compliance Requirements

  • Trading members must ensure proper handling of corporate actions during shut periods
  • Securities will not be available for lending/borrowing during specified shut periods
  • Participants must settle positions before shut period commencement
  • Proper record maintenance required for dividend entitlements and bonus allocations

Important Dates

Immediate Actions (July 30-31, 2025):

  • COFORGE, TTK Prestige, Balkrishna Industries: Shut period July 30-31, Record date July 31
  • Bharat Heavy Electricals, REC Limited, LT Foods: Shut period July 31-August 1, Record date August 1

August 2025 Schedule:

  • Premier Energies: Record date August 2 (shut period July 31-August 2)
  • Multiple securities with record dates through August 27
  • HDFC Bank bonus issue: Ex-date August 26, Record date August 27

Impact Assessment

Market Impact: Medium - affects multiple securities across various sectors including banking, chemicals, fertilizers, and technology. HDFC Bank bonus issue likely to have significant market attention given the bank’s market capitalization.

Trading Impact: Temporary restrictions on SLB activities for affected securities during shut periods. Traders and institutional investors need to plan positions accordingly.

Investor Impact: Positive for existing shareholders through dividend income and bonus share allocations. Stock split in India Glycols may improve liquidity through lower nominal share price.

Impact Justification

Multiple corporate actions affecting various securities with specific trading implications and shut periods