Description

BSE notification detailing corporate actions including dividends, bonus issues, and stock splits for various securities with their respective record dates and ex-dates.

Summary

BSE has issued a comprehensive schedule of corporate actions for Securities Lending and Borrowing (SLB) securities covering the period from July 31, 2025 to August 27, 2025. The circular details dividends, bonus issues, and stock splits for 21 companies with their respective record dates, ex-dates, and shut periods.

Key Points

  • 19 companies declaring dividends with record dates ranging from July 31 to August 27, 2025
  • HDFC Bank Limited announcing bonus issue with record date August 27, 2025
  • India Glycols Limited conducting stock split with record date August 12, 2025
  • All corporate actions include specified shut periods for SLB transactions
  • Ex-dates generally coincide with record dates or are one day prior

Regulatory Changes

No new regulatory changes introduced. This is a routine notification of scheduled corporate actions affecting SLB securities.

Compliance Requirements

  • SLB participants must observe shut periods for affected securities
  • No new SLB positions can be created during shut periods
  • Existing positions may be subject to corporate action adjustments
  • Market participants must factor in ex-dates for trading decisions

Important Dates

July 2025:

  • July 31: COFORGE, TTK Prestige, Balkrishna Industries, REC Limited, LT Foods, Bharat Heavy Electricals (Dividend ex-dates)

August 2025:

  • August 1: Premier Energies (Dividend ex-date)
  • August 4: Deepak Nitrite (Dividend ex-date)
  • August 5: Chambal Fertilisers (Dividend ex-date)
  • August 6: The Anup Engineering (Dividend ex-date)
  • August 8: Paras Defence (Dividend ex-date)
  • August 12: India Glycols (Stock Split ex-date)
  • August 13: RailTel Corporation (Dividend ex-date)
  • August 14: REC Limited, Mangalore Chemicals, Hindustan Petroleum (Dividend ex-dates)
  • August 19: J&K Bank (Dividend ex-date)
  • August 22: eClerx Services, KFin Technologies (Dividend ex-dates)
  • August 26: HDFC Bank (Bonus Issue ex-date), MAS Financial (Dividend ex-date)

Impact Assessment

Trading Impact: Medium - affects 21 securities with trading restrictions during shut periods. SLB participants need to plan positions around these dates.

Market Impact: Medium - corporate actions will result in price adjustments on ex-dates, particularly significant for HDFC Bank’s bonus issue and India Glycols’ stock split.

Operational Impact: Medium - market participants must adjust systems and processes to handle corporate action adjustments in SLB positions during the specified periods.

Impact Justification

Affects multiple listed securities with specific trading restrictions during corporate action periods