Description

Schedule of corporate actions including dividends, bonus issues, and scheme of arrangement for various securities in SLB segment with record dates, ex-dates, and shut periods.

Summary

BSE has issued a schedule of corporate actions for Securities Lending and Borrowing (SLB) securities covering 14 companies. The schedule includes dividend payments, bonus issues, and scheme of arrangement with specific record dates, ex-dates, and shut periods during which SLB trading will be restricted.

Key Points

  • 14 companies are scheduled for various corporate actions between August 22, 2025 and September 19, 2025
  • Most actions are dividend payments with one bonus issue (Godfrey Phillips India) and one scheme of arrangement (TVS Motor Company)
  • SLB shut periods range from 2-4 days for each corporate action
  • Ex-dates generally align with record dates, with some companies having ex-date one day prior

Important Dates

August 2025:

  • August 22: AGI Greenpac Limited (Dividend) - Shut period: Aug 21-22
  • August 25: TVS Motor Company (Scheme of Arrangement) - Shut period: Aug 22-25
  • August 28: Route Mobile Limited (Dividend) - Shut period: Aug 26-28

September 2025:

  • September 2: Gabriel India Ltd. and EPL Limited (Dividend)
  • September 3: Patanjali Foods Limited and Prestige Estates Projects Limited (Dividend)
  • September 4-5: Gujarat Gas Limited and Shipping Corporation Of India Ltd (Dividend)
  • September 12: RHI Magnesita India Limited (Dividend)
  • September 15: Aarti Pharmalabs Limited and LUX Industries Limited (Dividend)
  • September 16: Godfrey Phillips India Ltd. (Bonus Issue)
  • September 19: Gujarat Alkalis & Chemicals Ltd. (Dividend)

Compliance Requirements

  • SLB participants must note the shut periods when lending and borrowing will not be permitted for specified securities
  • Market participants should adjust their SLB positions before the commencement of shut periods
  • All participants must comply with the specified record dates and ex-dates for corporate action entitlements

Impact Assessment

Trading Impact:

  • SLB trading will be suspended for specified securities during shut periods
  • Market liquidity may be affected for these securities during restriction periods
  • Participants need to plan SLB strategies around these corporate action dates

Operational Impact:

  • Multiple securities affected across different sectors
  • Staggered timeline reduces concentrated impact on single trading day
  • Clear advance notice allows participants to adjust positions appropriately

Impact Justification

Corporate action schedule affects multiple securities with specific trading restrictions during shut periods