Description

BSE circular announcing corporate actions for 33+ companies including dividend declarations, Karur Vysya Bank bonus issue, and LLOYDS ENTERPRISES rights issue.

Summary

BSE has announced corporate actions for multiple listed companies effective from August 14, 2025 onwards. The circular covers 33+ companies with various corporate actions including dividend payments, one bonus issue by Karur Vysya Bank, and one rights issue by LLOYDS ENTERPRISES.

Key Points

  • 31 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 book closure/record dates and shut periods
  • Immediate effect for some companies with August 14-15 ex-dates

Regulatory Changes

No new regulatory framework changes. Standard BSE corporate action notification procedures being followed.

Compliance Requirements

  • Companies must ensure proper notification to shareholders before ex-dates
  • Trading systems will automatically adjust for ex-dividend/ex-bonus/ex-rights pricing
  • Depositories must update shareholding records as per record dates
  • Market participants should account for corporate action adjustments in trading strategies

Important Dates

Immediate Actions (August 14-15, 2025):

  • International Gemmological Institute: Ex-date August 14
  • Venky’s India: Ex-date August 14
  • NHPC Limited: Ex-date August 14
  • LLOYDS ENTERPRISES: Rights issue ex-date August 14

August 2025:

  • Multiple dividend ex-dates: August 18, 19, 22, 25, 28, 29
  • Karur Vysya Bank bonus issue: Ex-date August 26

September 2025:

  • Various dividend ex-dates throughout the month up to September 23

Impact Assessment

Market Impact: Medium - Multiple stock price adjustments expected on respective ex-dates due to dividend/bonus/rights adjustments. Trading volumes may increase around ex-dates.

Investor Impact: Shareholders must hold positions before ex-dates to be eligible for corporate benefits. Portfolio values will reflect adjustments post ex-dates.

Operational Impact: Increased processing requirements for brokers, depositories, and registrars during the shut periods and record date determinations.

Impact Justification

Multiple corporate actions affecting numerous listed companies with varying ex-dates and record dates requiring investor attention