Description

BSE circular detailing corporate actions including dividend record dates and bonus issues for multiple companies with their respective ex-dates and shut periods.

Summary

BSE has issued a comprehensive circular detailing corporate actions for SLB (Securities Lending and Borrowing) securities, covering dividend payments and bonus issues across 32+ companies. The circular specifies record dates, ex-dates, and shut periods for each corporate action.

Key Points

  • 31 companies declaring dividends with various record dates from August 14, 2025 to September 23, 2025
  • Karur Vysya Bank announcing bonus issue with record date August 26, 2025
  • LLOYDS Enterprises conducting rights issue with record date August 14, 2025
  • Each corporate action includes specific shut periods affecting SLB transactions
  • Foreclosure dates specified only for bonus and rights issues

Regulatory Changes

No new regulatory changes introduced - this is a routine notification of corporate actions affecting SLB securities.

Compliance Requirements

  • SLB participants must adhere to specified shut periods for affected securities
  • Trading restrictions apply during the shut periods mentioned for each security
  • Lenders and borrowers must settle positions before shut period commencement

Important Dates

  • August 14, 2025: Ex-date for International Gemmological Institute (record date August 15), Venky’s India, NHPC, and LLOYDS rights issue
  • August 18-19, 2025: Multiple dividend ex-dates including Aarti Industries, Refex Industries, Natco Pharma
  • August 22, 2025: Dividend ex-dates for Paradeep Phosphates, Jindal Steel & Power, Jindal Stainless
  • August 26, 2025: Karur Vysya Bank bonus issue record and ex-date
  • September 2025: Multiple dividend ex-dates throughout the month

Impact Assessment

  • Trading Impact: Temporary restrictions on SLB transactions during shut periods may affect liquidity
  • Market Operations: Standard corporate action processing with no systemic impact expected
  • Participant Impact: SLB participants need to monitor positions and ensure compliance with shut period requirements
  • Investor Impact: Dividend and bonus entitlements will be processed as per standard corporate action procedures

Impact Justification

Regular corporate actions affecting multiple securities with specific trading implications during shut periods