Description

BSE notification detailing upcoming corporate actions including dividends, bonus issues, and rights issues for multiple listed securities with their respective record dates and shut periods.

Summary

BSE has issued a comprehensive list of upcoming corporate actions for Securities Lending and Borrowing (SLB) securities. The circular details dividend payments, bonus issues, and rights issues for 32+ listed companies with their respective record dates, ex-dates, and shut periods scheduled between August 14, 2025, and September 23, 2025.

Key Points

  • 32+ companies have announced various corporate actions including dividends, bonus issues, and rights issues
  • Record dates span from August 14, 2025, to September 23, 2025
  • Most actions involve dividend payments with varying shut periods
  • Karur Vysya Bank has announced a bonus issue with record date August 26, 2025
  • LLOYDS Enterprises has announced a rights issue of equity shares with record date August 14, 2025
  • All securities will have trading restrictions during their respective shut periods

Regulatory Changes

No regulatory changes specified in this circular - this is a standard notification of corporate actions.

Compliance Requirements

  • Securities will be unavailable for lending/borrowing during specified shut periods
  • Investors must hold securities before ex-dates to be eligible for corporate actions
  • Market participants must adjust their SLB positions accordingly during shut periods
  • Brokers and intermediaries must inform clients about upcoming corporate actions

Important Dates

Immediate Actions:

  • August 14, 2025: Ex-date for International Gemmological Institute (record date August 15)
  • August 14, 2025: Record and ex-date for LLOYDS rights issue and Venky’s dividend
  • August 18, 2025: Record date for Aarti Industries and Natco Pharma dividends
  • August 19, 2025: Record date for Refex Industries dividend

Key Upcoming Dates:

  • August 22, 2025: Jindal Steel & Power and Jindal Stainless dividends
  • August 26, 2025: Karur Vysya Bank bonus issue
  • September 2025: Multiple dividend record dates throughout the month

Impact Assessment

Market Impact: Medium - affects trading and lending/borrowing activities for 32+ securities during their respective shut periods. Investors holding these securities will benefit from announced corporate actions.

Operational Impact: Medium - market participants need to adjust SLB positions and inform clients about eligibility requirements and shut periods for smooth execution of corporate actions.

Impact Justification

Medium importance as it affects multiple listed securities and their shareholders for corporate actions, requiring attention for trading and investment decisions