Description
BSE circular announcing corporate actions for 8 securities including BEML stock split and dividends for CRISIL, Kajaria Ceramics, TCS, HCL Technologies and others.
Summary
BSE has announced corporate actions for 8 securities under the Securities Lending and Borrowing (SLB) scheme. The circular includes one stock split announcement for BEML Ltd and seven dividend announcements for major companies including TCS, HCL Technologies, CRISIL, Kajaria Ceramics, Elecon Engineering, Aptus Value Housing Finance, and Anand Rathi Wealth.
Key Points
- BEML Ltd will undergo a stock split with record date and ex-date on November 3, 2025
- Seven companies have declared dividends with ex-dates ranging from October 15 to November 7, 2025
- All corporate actions include shut periods during which securities lending/borrowing will be restricted
- Major IT companies TCS and HCL Technologies both have dividend ex-dates in mid-October 2025
- CRISIL and Kajaria Ceramics dividends also scheduled for late October 2025
Regulatory Changes
No regulatory changes introduced. This is a routine notification of corporate actions affecting SLB securities.
Compliance Requirements
- Market participants must observe the specified shut periods for each security
- No new SLB positions can be created during the shut periods
- Existing SLB positions must account for the foreclosure restrictions
- Stock exchanges and clearing corporations must update their systems to reflect these corporate actions
Important Dates
BEML Ltd (Stock Split)
- Ex Date: November 3, 2025
- Record Date: November 3, 2025
- Shut Period: October 31, 2025 to November 3, 2025
Tata Consultancy Services Ltd (Dividend)
- Ex Date: October 15, 2025
- Record Date: October 15, 2025
- Shut Period: October 14, 2025 to October 15, 2025
Elecon Engineering Co. Ltd (Dividend)
- Ex Date: October 16, 2025
- Record Date: October 16, 2025
- Shut Period: October 15, 2025 to October 16, 2025
HCL Technologies Ltd (Dividend)
- Ex Date: October 17, 2025
- Record Date: October 17, 2025
- Shut Period: October 16, 2025 to October 17, 2025
Anand Rathi Wealth Limited (Dividend)
- Ex Date: October 17, 2025
- Record Date: October 17, 2025
- Shut Period: October 16, 2025 to October 17, 2025
Kajaria Ceramics Ltd (Dividend)
- Ex Date: October 24, 2025
- Record Date: October 24, 2025
- Shut Period: October 23, 2025 to October 24, 2025
CRISIL Ltd (Dividend)
- Ex Date: October 27, 2025
- Record Date: October 27, 2025
- Shut Period: October 24, 2025 to October 27, 2025
Aptus Value Housing Finance India Limited (Dividend)
- Ex Date: November 7, 2025
- Record Date: November 7, 2025
- Shut Period: November 6, 2025 to November 7, 2025
Impact Assessment
Market Impact: Medium - Multiple high-profile companies are involved, particularly TCS and HCL Technologies which are major index constituents. The dividend announcements may influence short-term trading activity.
SLB Operations Impact: Medium - The shut periods will temporarily restrict securities lending and borrowing activities for these securities. Market participants with active SLB positions must plan accordingly.
Investor Impact: Low to Medium - Investors holding these securities in the SLB segment need to be aware of the shut periods. The BEML stock split may generate increased trading interest and improve liquidity post-split.
Operational Impact: Low - Standard corporate action processing applies. Market infrastructure providers must update systems to reflect these actions during the specified periods.
Impact Justification
Routine corporate action announcements affecting multiple securities in SLB segment. BEML stock split is notable; dividends from major companies like TCS and HCL Technologies have moderate market significance.