Description

Schedule of corporate actions including dividends and bonus issues for 32+ securities with book closure dates and shut periods for August-September 2025.

Summary

BSE has issued a schedule of corporate actions affecting Securities Lending and Borrowing (SLB) securities. The circular covers 32+ companies with upcoming dividends, one bonus issue, and one rights issue scheduled between August-September 2025, including specific book closure dates, ex-dates, and shut periods.

Key Points

  • 30+ companies declaring dividends with ex-dates ranging from August 14 to September 23, 2025
  • Karur Vysya Bank announcing bonus issue with ex-date August 26, 2025
  • LLOYDS Enterprises conducting rights issue with ex-date August 14, 2025
  • All actions include specific shut periods for SLB securities
  • Book closure dates align with ex-dates for most securities

Regulatory Changes

No regulatory changes announced - this is a notification of scheduled corporate actions affecting SLB securities.

Compliance Requirements

  • SLB participants must note shut periods for affected securities
  • Securities will be unavailable for lending/borrowing during specified shut periods
  • Market participants should adjust positions before shut period commencement

Important Dates

Immediate Actions (August 2025):

  • August 14: International Gemmological Institute (ex-date), LLOYDS Enterprises (rights issue), NHPC, Venky’s (dividends)
  • August 18: Aarti Industries (shut period starts Aug 14)
  • August 19: Refex Industries, Natco Pharma
  • August 22: Paradeep Phosphates, Jindal Steel & Power, Jindal Stainless
  • August 25: Repco Home Finance (shut period starts Aug 22)
  • August 26: Karur Vysya Bank (bonus issue)
  • August 28: JYOTHY Labs
  • August 29: Vijaya Diagnostic, Zee Entertainment

September 2025 Actions:

  • September 1-23: Multiple dividend actions for remaining companies

Impact Assessment

Market Impact: Medium - affects liquidity in SLB market for 32+ securities during shut periods. Operational Impact: Medium - requires position adjustments and system updates for SLB participants. Investor Impact: Medium - dividend actions provide returns to shareholders while temporarily restricting SLB availability.

Impact Justification

Multiple corporate actions affecting 32+ securities with specific dates and shut periods that impact SLB trading