Description

BSE announces dividend corporate actions for 23 companies with record dates and ex-dates scheduled between August 5-29, 2025.

Summary

BSE has announced corporate action details for 23 companies declaring dividends with record dates and ex-dates scheduled between August 5-29, 2025. All companies are implementing dividend distributions with corresponding shut periods for Securities Lending and Borrowing (SLB) operations.

Key Points

  • 23 companies announcing dividend corporate actions
  • Record dates ranging from August 5 to August 29, 2025
  • Ex-dates align with record dates for all securities
  • SLB shut periods implemented 1-2 days before record dates
  • Major companies include Reliance Industries, Coal India, Power Grid Corporation, and Federal Bank

Regulatory Changes

No new regulatory changes introduced. This circular follows standard corporate action procedures for dividend announcements in the SLB segment.

Compliance Requirements

  • SLB participants must observe shut periods for affected securities
  • No new SLB positions can be created during shut periods
  • Existing positions must be settled before shut period commencement
  • Market intermediaries must update their systems with corporate action details

Important Dates

August 2025 Dividend Schedule:

  • August 5-6: Great Eastern Shipping, Coal India, Dr. Lal Pathlabs, Hyundai Motor India
  • August 7-8: Symphony Limited, Mankind Pharma
  • August 11: K.P. Energy, KPI Green Energy
  • August 13-14: Multiple companies including Reliance Industries, Godrej Consumer Products, Maharashtra Seamless, Mahanagar Gas, Tourism Finance Corporation
  • August 19: Power Grid Corporation
  • August 21-22: Rail Vikas Nigam, Federal Bank, APL Apollo Tubes, Netweb Technologies
  • August 26-29: Garware Technical Fibres, Aster DM Healthcare, Vedant Fashions, Whirlpool of India

Impact Assessment

Market Impact: Medium - affects trading and lending activities for 23 securities during their respective shut periods. SLB participants need to plan position management around these dates.

Operational Impact: Moderate disruption to securities lending operations with staggered shut periods across August 2025. Market participants must coordinate settlement activities before shut period commencement to avoid regulatory non-compliance.

Impact Justification

Regular dividend announcements affecting multiple listed companies with specific trading restrictions during shut periods