Description

BSE circular announcing dividend record dates and shut periods for 16 companies in SLB (Securities Lending and Borrowing) framework.

Summary

BSE has announced corporate action details for 16 securities under the Securities Lending and Borrowing (SLB) framework. All listed companies are declaring dividends with record dates ranging from August 21, 2025 to September 22, 2025, along with corresponding shut periods during which SLB transactions will be restricted.

Key Points

  • 16 companies announcing dividend corporate actions under SLB framework
  • Record dates span from August 21, 2025 to September 22, 2025
  • All corporate actions are dividend declarations
  • Shut periods ranging from 1-4 days will apply to each security
  • SLB transactions will be suspended during shut periods

Regulatory Changes

No new regulatory changes introduced. Standard SLB framework provisions apply for corporate action periods.

Compliance Requirements

  • SLB participants must cease lending/borrowing activities during shut periods
  • Market participants must adjust positions before shut period commencement
  • Compliance with existing SLB regulations during corporate action periods

Important Dates

  • August 21, 2025: Styrenix Performance Materials dividend record date (shut: Aug 20-21)
  • August 26-29, 2025: Multiple companies including Vedanta, IRB Infrastructure, Premier Energies, Black Box, Protean eGov
  • September 4-5, 2025: Surya Roshni and Lloyds Enterprises
  • September 10, 2025: Astra Microwave and Campus Activewear
  • September 12, 2025: Bhansali Engineering Polymers
  • September 17, 2025: Shilpa Medicare
  • September 19-22, 2025: Gulf Oil Lubricants, PNC Infratech, National Fertilizers

Impact Assessment

Market Impact: Medium - affects liquidity in SLB market for these 16 securities during respective shut periods. Operational Impact: Medium - SLB participants need to plan position adjustments around multiple shut periods spanning August-September 2025. Investor Impact: Low to Medium - dividend payments provide positive cash flow to eligible shareholders while temporarily restricting SLB activities.

Impact Justification

Affects SLB operations for 16 securities with specific shut periods for dividend corporate actions