Description

BSE notification detailing corporate actions including dividends and bonus issues for 21 securities with respective record dates and ex-dates in August 2025.

Summary

BSE has issued a circular detailing corporate actions for 21 securities in the SLB (Securities Lending and Borrowing) segment. The actions include 20 dividend declarations and 1 bonus issue scheduled for August 2025, with specific record dates, ex-dates, and shut periods defined for each security.

Key Points

  • 21 securities undergoing corporate actions in August 2025
  • 20 dividend declarations and 1 bonus issue (Nestle India Ltd.)
  • Ex-dates range from August 1 to August 28, 2025
  • Record dates align with ex-dates for most securities
  • Shut periods typically span 1-3 days around the record date
  • All actions affect SLB securities requiring special handling

Important Dates

August 1, 2025 (Ex-Date):

  • Gateway Distriparks Limited (Dividend)
  • Varun Beverages Limited (Dividend)

August 5, 2025 (Ex-Date):

  • Share India Securities Limited (Dividend)
  • TIPS Music Limited (Dividend)
  • Hyundai Motor India Limited (Dividend)

August 7-8, 2025 (Ex-Date):

  • Symphony Limited (August 7)
  • Nestle India Ltd. (Bonus Issue - August 8)
  • Computer Age Management Services Limited (August 8)
  • Sonata Software Ltd. (August 8)
  • Ceat Ltd. (August 8)

August 11-15, 2025 (Ex-Date):

  • Indo Count Industries Ltd (August 11)
  • Brigade Enterprises Limited (August 13)
  • Housing & Urban Development Corporation Ltd. (August 14)
  • Maharashtra Seamless Ltd. (August 14)
  • Repco Home Finance Limited (August 14)
  • LLOYDS Engineering Works Limited (August 14)
  • NMDC Ltd (August 14)
  • Tourism Finance Corporation of India Ltd (August 14)

August 22-28, 2025 (Ex-Date):

  • APL Apollo Tubes Limited (August 22)
  • Aster DM Healthcare Limited (August 28)
  • Vedant Fashions Limited (August 28)

Compliance Requirements

  • Market participants must ensure proper handling of SLB positions during shut periods
  • Securities will be unavailable for lending/borrowing during specified shut periods
  • Dividend entitlements determined based on holdings as of record date
  • Bonus shares (Nestle India) to be credited post-record date
  • Trading members must update systems for ex-date adjustments

Impact Assessment

Market Impact:

  • Price adjustments expected on ex-dates for dividend amounts
  • Nestle India bonus issue (1:1 ratio likely) will require price and quantity adjustments
  • Temporary reduction in SLB availability during shut periods
  • Increased trading activity expected around ex-dates

Operational Impact:

  • SLB participants must plan for security unavailability during shut periods
  • Settlement and clearing adjustments required for corporate actions
  • Risk management systems need updates for bonus issue handling
  • Client communication required for dividend and bonus entitlements

Impact Justification

Affects multiple securities with corporate actions requiring market participants to track ex-dates and record dates for dividend and bonus distributions