Description

BSE announces corporate actions for multiple securities including dividends for various companies and bonus issue for HDFC Bank.

Summary

BSE has announced corporate actions for 34 securities in the SLB (Securities Lending and Borrowing) segment. The announcement covers dividend declarations for 33 companies and one bonus issue by HDFC Bank. All actions have specific record dates, ex-dates, and shut periods during August-September 2025.

Key Points

  • 33 companies declaring dividends with ex-dates ranging from August 13 to September 23, 2025
  • HDFC Bank announcing bonus issue with ex-date August 26, 2025 and foreclosure date August 26, 2025
  • All securities will have trading shut periods typically lasting 1-3 days around record dates
  • Major companies included: Reliance Industries, ONGC, HDFC Bank, Pidilite Industries, Apollo Hospitals
  • Record dates span from August 13, 2025 to September 23, 2025

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification for SLB securities.

Compliance Requirements

  • Securities will be unavailable for fresh SLB transactions during specified shut periods
  • Existing SLB positions must comply with foreclosure requirements where applicable
  • Market participants must adjust positions before ex-dates to be eligible for corporate benefits

Important Dates

  • August 13, 2025: Ex-date for Pidilite Industries, Rain Industries, HEG (earliest)
  • August 14, 2025: Ex-date for multiple companies including Reliance Industries, NCC, Maharashtra Seamless
  • August 26, 2025: HDFC Bank bonus issue ex-date and foreclosure date
  • September 23, 2025: Steel Strips & Wheels dividend ex-date (latest)
  • Shut Periods: Ranging from 1-3 days around each record date

Impact Assessment

Market Impact: Medium - affects 34 securities in SLB segment with potential temporary reduction in available inventory for lending. HDFC Bank bonus issue likely to generate significant trading interest.

Operational Impact: Medium - market participants need to plan SLB strategies around multiple shut periods and adjust positions for corporate benefit eligibility. Higher administrative burden due to simultaneous actions across multiple securities.

Impact Justification

Multiple high-profile companies including HDFC Bank, Reliance, ONGC announcing corporate actions affecting significant trading volumes