Description

BSE circular detailing dividend record dates, ex-dates, and shut periods for 27 companies' securities in SLB trading.

Summary

BSE has issued a circular detailing corporate actions for Securities Lending and Borrowing (SLB) securities, specifically dividend distributions for 27 companies. The circular provides record dates, ex-dates, and shut periods for each security.

Key Points

  • 27 companies have declared dividends with specific record and ex-dates
  • All corporate actions are dividend distributions
  • Record dates range from August 7, 2025 to August 22, 2025
  • Ex-dates correspond to record dates for all securities
  • Shut periods are typically 1-2 days before the record date

Regulatory Changes

No regulatory changes specified in this circular.

Compliance Requirements

  • Market participants must observe the specified shut periods for SLB securities
  • Trading members must ensure compliance with ex-date and record date requirements
  • Securities lending and borrowing activities must be suspended during shut periods

Important Dates

Earliest Actions (August 7-8, 2025):

  • Karur Vysya Bank Ltd., Linde India Limited (August 7)
  • Aurobindo Pharma Ltd., ABB India Limited, Indian Oil Corporation Ltd., Delta Corp Limited (August 8)

Mid-August Actions (August 11-14, 2025):

  • Multiple securities including Akzo Nobel India, Castrol India, Jio Financial Services, KP Energy, KPI Green Energy (August 11)
  • Action Construction Equipment, NCC Limited, Vaibhav Global, Emcure Pharmaceuticals, ASTRAL LIMITED (August 14)

Latest Actions (August 20-22, 2025):

  • Senco Gold Limited (August 20)
  • Coal India Limited (August 21)
  • Sarda Energy & Minerals, LIC Housing Finance, LLOYDS ENTERPRISES, Gujarat Ambuja Exports, Godfrey Phillips India (August 22)

Impact Assessment

  • Medium impact on SLB market operations due to temporary suspension of lending/borrowing activities
  • Affects liquidity for 27 securities during their respective shut periods
  • Market participants need to adjust their SLB strategies around these corporate action dates
  • No foreclosure dates specified, indicating standard dividend processing procedures

Impact Justification

Affects SLB trading for 27 securities with specific shut periods and ex-dates for dividend distributions