Description

BSE announces corporate actions for 22 securities including dividend declarations and share buyback with respective record dates and shut periods.

Summary

BSE has announced corporate actions for 22 securities, comprising 21 dividend declarations and 1 share buyback. The circular provides specific record dates, ex-dates, and shut periods for Securities Lending and Borrowing (SLB) operations for each affected security.

Key Points

  • 21 companies declaring dividends with record dates ranging from September 5 to September 23, 2025
  • 1 share buyback by Bajaj Consumer Care Limited with record date September 5, 2025
  • All securities will have specific shut periods during which SLB operations will be suspended
  • Ex-dates generally coincide with record dates, except for a few securities
  • Shut periods typically span 1-3 days leading up to and including the record date

Regulatory Changes

No new regulatory changes introduced. This circular implements existing corporate action procedures for SLB securities.

Compliance Requirements

  • SLB participants must note the shut periods when securities lending and borrowing will be suspended
  • Trading members should inform clients about upcoming corporate actions and their impact on positions
  • Settlement obligations must be completed before shut periods commence

Important Dates

  • September 4, 2025: Ex-date for Bajaj Consumer Care buyback
  • September 5, 2025: Record date for Bajaj Consumer Care buyback and Supriya Lifescience dividend
  • September 9, 2025: Record date for Gujarat State Fertilizers, BLS International, and RBL Bank dividends
  • September 12, 2025: Record date for K.P. Energy, Mastek, KPI Green Energy, and Techno Electric dividends
  • September 15-23, 2025: Various record dates for remaining dividend declarations

Impact Assessment

Trading Impact: Moderate impact on SLB operations with temporary suspension during shut periods. Securities will be unavailable for lending/borrowing during specified periods.

Market Impact: Standard corporate action processing with no unusual market disruption expected. Dividend-paying stocks may see typical pre-record date trading patterns.

Operational Impact: SLB participants need to adjust their lending/borrowing strategies around the shut periods to avoid settlement issues.

Impact Justification

Affects trading for 22 securities with specific shut periods and ex-dates for dividend and buyback actions