Description

BSE announces dividend record dates and trading shut periods for 27 securities in the Securities Lending and Borrowing (SLB) segment for August 2025.

Summary

BSE has issued a circular regarding corporate actions in Securities Lending and Borrowing (SLB) securities. The circular provides details of dividend record dates, ex-dates, and corresponding shut periods for 27 securities scheduled for August 2025. During these shut periods, SLB transactions will be suspended for the affected securities.

Key Points

  • 27 securities will have SLB trading suspended during their respective dividend record periods
  • All corporate actions listed are dividend distributions
  • Record dates range from August 7, 2025 to August 22, 2025
  • Shut periods typically span 1-2 days around the record date
  • Ex-dates coincide with record dates for all listed securities

Regulatory Changes

No new regulatory changes introduced. This circular implements existing SLB framework requirements for corporate action periods.

Compliance Requirements

  • Market participants must suspend SLB transactions for affected securities during specified shut periods
  • Brokers and institutional investors must ensure no new SLB positions are created during shut periods
  • Existing SLB positions may be affected by the corporate action

Important Dates

Earliest Shut Period: August 6-7, 2025 (Karur Vysya Bank, Linde India) Latest Shut Period: August 21-22, 2025 (Multiple securities including Sarda Energy, LIC Housing Finance, Lloyd’s Enterprises, Gujarat Ambuja Exports, Godfrey Phillips)

Key Record Dates:

  • August 7-8, 2025: 6 securities
  • August 11, 2025: 5 securities
  • August 14, 2025: 6 securities
  • August 18-22, 2025: 10 securities

Impact Assessment

Market Impact: Medium - affects liquidity and trading strategies for 27 securities during their respective shut periods. SLB participants will need to plan positions accordingly.

Operational Impact: Market participants must adjust SLB trading systems and processes to accommodate the shut periods. Institutional investors using these securities for hedging or arbitrage strategies will need alternative arrangements during shut periods.

Impact Justification

Affects trading and borrowing/lending activities for 27 securities with specific shut periods during dividend record dates