Description
BSE circular detailing dividend record dates and shut periods for 23 companies including Reliance Industries, Coal India, and Federal Bank.
Summary
BSE has issued a corporate action schedule for Securities Lending and Borrowing (SLB) affecting 23 companies declaring dividends in August 2025. The circular provides record dates, ex-dates, and shut periods for each security.
Key Points
- 23 companies have declared dividends with record dates between August 5-29, 2025
- All corporate actions are dividend payments
- Shut periods range from 1-3 days for each security
- Major companies include Reliance Industries, Coal India, Power Grid Corporation, and Federal Bank
Regulatory Changes
No regulatory changes specified - this is a schedule of existing corporate actions.
Compliance Requirements
- Market participants must observe shut periods for SLB transactions
- Trading restrictions apply during specified shut periods
- Ex-dates must be observed for dividend eligibility
Important Dates
Earliest Actions:
- August 5, 2025: HYUNDAI MOTOR INDIA (ex-date and record date)
- August 6, 2025: Great Eastern Shipping, Coal India, Dr. Lal Pathlabs (ex-date and record date)
Key Mid-Month Dates:
- August 14, 2025: Reliance Industries, Maharashtra Seamless, Tourism Finance Corp, Mahanagar Gas (record dates)
Latest Actions:
- August 28-29, 2025: Whirlpool of India, Aster DM Healthcare, Vedant Fashions (record dates)
Impact Assessment
Market Impact: Medium - affects SLB availability for 23 securities during shut periods, potentially impacting short-selling and hedging strategies.
Operational Impact: Market participants need to adjust SLB positions before shut periods commence to avoid forced buy-ins or delivery obligations.
Impact Justification
Affects trading of securities lending and borrowing for 23 major companies with scheduled dividends