Description

Corporate actions including dividends, bonus issues, and stock splits for various securities in the SLB (Securities Lending and Borrowing) segment for September 2025.

Summary

BSE has announced corporate actions for 12 securities in the Securities Lending and Borrowing (SLB) segment scheduled for September 2025. The actions include dividend payments for 10 companies, one bonus issue, and one stock split, with corresponding shut periods and ex-dates.

Key Points

  • 10 securities declaring dividends with ex-dates between September 4-19, 2025
  • Patanjali Foods Limited announcing bonus issue with ex-date September 11, 2025
  • Zydus Wellness Limited implementing stock split with ex-date September 18, 2025
  • All corporate actions have designated shut periods ranging from 1-4 days
  • Record dates align with ex-dates for most securities except OLECTRA and Transrail Lighting

Regulatory Changes

No new regulatory changes introduced. Standard corporate action procedures apply for SLB securities.

Compliance Requirements

  • Market participants must adjust SLB positions before shut periods commence
  • Securities will be unavailable for lending/borrowing during designated shut periods
  • Position holders must account for corporate action adjustments in their portfolios
  • Compliance with standard corporate action settlement procedures

Important Dates

  • September 3-5, 2025: Transrail Lighting shut period (Ex-date: Sep 4)
  • September 5-8, 2025: KDDL and TITAGARH shut periods (Ex-date: Sep 8)
  • September 8-9, 2025: Dilip Buildcon and Shivalik Bimetal shut periods (Ex-date: Sep 9)
  • September 9-10, 2025: Force Motors and Gujarat State Petronet shut periods (Ex-date: Sep 10)
  • September 10-11, 2025: Patanjali Foods bonus issue shut period (Ex-date: Sep 11)
  • September 11-12, 2025: Garden Reach Shipbuilders and Mrs. Bectors shut periods (Ex-date: Sep 12)
  • September 17-18, 2025: Zydus Wellness stock split shut period (Ex-date: Sep 18)
  • September 18-20, 2025: OLECTRA GREENTECH shut period (Ex-date: Sep 19)

Impact Assessment

  • Market Operations: Temporary unavailability of 12 securities in SLB segment during shut periods
  • Liquidity Impact: Reduced lending/borrowing capacity for affected securities
  • Position Management: Participants must plan position adjustments around corporate action dates
  • Settlement Impact: Corporate action adjustments will affect position valuations and settlement obligations
  • Trading Strategy: Short-term impact on SLB strategies involving these securities during shut periods

Impact Justification

Affects multiple securities in SLB segment with various corporate actions requiring position adjustments