Description

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

Summary

BSE has announced corporate actions in Securities Lending and Borrowing (SLB) securities related to dividend declarations for two companies: LTIMindtree Limited and Hexaware Technologies Limited. The circular specifies the book closure dates, ex-dates, and shut periods for SLB transactions for these securities.

Key Points

  • LTIMindtree Limited dividend with ex-date October 24, 2025
  • Hexaware Technologies Limited dividend with ex-date October 10, 2025
  • Shut periods announced for SLB transactions during corporate action periods
  • Book closure dates aligned with respective ex-dates for both companies

Regulatory Changes

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

Compliance Requirements

  • SLB participants must observe the shut periods for these securities
  • No new lending or borrowing transactions permitted during shut periods
  • Existing positions may be affected by the corporate actions
  • Participants should adjust their SLB strategies around the dividend ex-dates

Important Dates

Hexaware Technologies Limited

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

LTIMindtree Limited

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

Impact Assessment

Market Impact: Medium - affects SLB market participants holding or trading these two major IT sector stocks. The shut periods will temporarily restrict lending and borrowing activities.

Operational Impact: SLB participants must plan their lending and borrowing strategies around these shut periods. Existing borrowers should be aware of dividend implications on their borrowed positions. The timing of these actions may affect liquidity in the SLB segment for these specific securities during the shut periods.

Impact Justification

Important for SLB participants to be aware of dividend corporate actions affecting two major IT stocks, with specific shut periods that impact lending and borrowing activities