Description

List of securities with corporate actions affecting Securities Lending and Borrowing (SLB) operations including dividends and stock splits.

Summary

BSE has announced corporate actions affecting Securities Lending and Borrowing (SLB) operations for 18 securities in September 2025. The majority involve dividend distributions with one stock split. All affected securities will have mandatory foreclosure periods during their respective corporate action dates.

Key Points

  • 18 securities affected by corporate actions in SLB segment
  • 17 dividend declarations and 1 stock split (Tourism Finance Corporation)
  • Mandatory foreclosure periods ranging from 1-5 days
  • Ex-dates spanning from September 8 to September 23, 2025
  • Record dates aligned with ex-dates for most securities

Regulatory Changes

No new regulatory changes introduced. Standard SLB foreclosure procedures apply during corporate action periods.

Compliance Requirements

  • SLB participants must close positions during foreclosure periods
  • No new SLB transactions permitted during shut periods
  • Existing borrowers must return securities before foreclosure dates
  • Lenders cannot recall securities during shut periods

Important Dates

Immediate Action Required:

  • September 8, 2025: Ex-date for HFCL, Birla Corporation, KDDL, Titagarh Rail, ISGEC, HUDCO, Tega Industries
  • September 12, 2025: Cochin Shipyard foreclosure
  • September 15, 2025: Phoenix Mills, Indraprastha Gas foreclosure
  • September 16, 2025: Dixon Technologies foreclosure
  • September 18-19, 2025: Multiple securities foreclosure
  • September 23, 2025: India Glycols foreclosure

Impact Assessment

Market Impact: Medium - affects liquidity in SLB market for major securities including PSU stocks and large-cap companies. Operational Impact: SLB participants must plan position management around foreclosure dates. Trading Impact: Temporary reduction in borrowable securities during shut periods, potentially affecting short-selling strategies.

Impact Justification

Affects SLB operations for 18 securities with mandatory foreclosure periods during corporate actions