Description

BSE announces dividend corporate actions for LTIMindtree Limited and Hexaware Technologies Limited in Securities Lending and Borrowing (SLB) securities with respective ex-dates and shut periods.

Summary

BSE has announced corporate actions in Securities Lending and Borrowing (SLB) securities for two companies declaring dividends. LTIMindtree Limited has an ex-date and record date of October 24, 2025, while Hexaware Technologies Limited has an ex-date and record date of October 10, 2025. Both actions include specific shut periods during which SLB transactions will be restricted.

Key Points

  • LTIMindtree Limited dividend with ex-date and record date on October 24, 2025
  • Hexaware Technologies Limited dividend with ex-date and record date on October 10, 2025
  • SLB shut period for LTIMindtree: October 23-24, 2025
  • SLB shut period for Hexaware Technologies: October 9-10, 2025
  • Corporate action type: Dividend for both securities

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action notification for SLB securities.

Compliance Requirements

  • SLB participants must note the shut periods for both securities
  • No new SLB transactions can be initiated during the specified shut periods
  • Participants must adjust their lending/borrowing positions accordingly before the foreclosure dates
  • Market participants should account for ex-dividend dates in their trading strategies

Important Dates

LTIMindtree Limited:

  • Ex-Date: October 24, 2025
  • Record Date/Book Closure: October 24, 2025
  • Shut Period: October 23-24, 2025

Hexaware Technologies Limited:

  • Ex-Date: October 10, 2025
  • Record Date/Book Closure: October 10, 2025
  • Shut Period: October 9-10, 2025

Impact Assessment

This circular has moderate impact on Securities Lending and Borrowing market participants. During the specified shut periods, SLB transactions for these securities will be suspended. Lenders and borrowers need to plan their positions accordingly. The dividend announcements may also influence short-term trading activity and borrowing costs for these stocks. IT sector investors and SLB participants should factor in these ex-dividend dates for portfolio management and settlement planning.

Impact Justification

Routine corporate action notification affecting SLB participants for two major IT stocks with specific shut periods and ex-dates