Description

BSE announces corporate actions for 21 securities including dividends from major companies and a bonus issue from Nestle India.

Summary

BSE has announced corporate actions for 21 securities traded under Securities Lending and Borrowing (SLB) segment. The actions include dividend announcements from 20 companies and one bonus issue from Nestle India Ltd. All actions are scheduled for August 2025 with specific ex-dates, record dates, and shut periods.

Key Points

  • 20 companies announcing dividends with ex-dates ranging from August 1-28, 2025
  • Nestle India Ltd announcing bonus issue with ex-date August 8, 2025
  • All securities will have specific shut periods during which SLB trading will be restricted
  • Record dates and book closure dates specified for each corporate action
  • SLB positions may be affected during the shut periods

Regulatory Changes

No regulatory changes announced. This is a standard notification of corporate actions affecting SLB securities.

Compliance Requirements

  • SLB participants must note the shut periods for each security
  • No new borrowing or lending allowed during shut periods
  • Existing positions may need adjustment based on corporate action terms
  • Market participants should plan SLB strategies considering these corporate actions

Important Dates

August 1, 2025: Ex-date for Gateway Distriparks and Varun Beverages dividends August 5, 2025: Ex-date for Share India Securities, TIPS Music, and Hyundai Motor India dividends August 7, 2025: Ex-date for Symphony dividend August 8, 2025: Ex-date for Nestle India bonus issue and multiple company dividends August 11, 2025: Ex-date for Indo Count Industries dividend August 13-28, 2025: Various ex-dates for remaining company dividends

Impact Assessment

Market Impact: Medium - Multiple large-cap companies involved affecting SLB trading volumes during shut periods. The bonus issue from Nestle India is particularly significant as it will affect share count and pricing.

Operational Impact: SLB participants need to plan around multiple shut periods in August 2025. The concentration of corporate actions may reduce available securities for lending/borrowing temporarily.

Trading Impact: Reduced liquidity in SLB segment during shut periods. Price adjustments expected post ex-dates, particularly for Nestle India due to bonus issue.

Impact Justification

Multiple large-cap companies announcing dividends and bonus issue affecting SLB trading positions