Description

BSE circular detailing corporate actions including dividends, buyback, and stock split for 16 securities with book closure dates and shut periods in November 2025.

Summary

BSE has announced corporate actions affecting Securities Lending and Borrowing (SLB) for 16 companies scheduled for November 2025. The circular details dividend declarations, one buyback, and one stock split, along with their respective book closure/record dates, ex-dates, and shut periods during which SLB activities will be restricted.

Key Points

  • 14 companies have declared dividends with various record dates in November 2025
  • GHCL Ltd. has announced a buyback of shares with record date November 14, 2025
  • Websol Energy System Limited has announced a stock split with ex-date November 14, 2025
  • SLB shut periods range from 1-4 days for each corporate action
  • All corporate actions have ex-dates matching their book closure/record dates

Corporate Actions Details

Dividends

  • Godfrey Phillips India Ltd.: Record Date: November 10, 2025; Shut Period: Nov 7-10
  • Oil And Natural Gas Corporation Ltd: Record Date: November 14, 2025; Shut Period: Nov 13-14
  • Bharat Petroleum Corpn. Ltd.: Record Date: November 7, 2025; Shut Period: Nov 6-7
  • Balkrishna Industries Ltd.: Record Date: November 7, 2025; Shut Period: Nov 6-7
  • Gabriel India Ltd.: Record Date: November 21, 2025; Shut Period: Nov 20-21
  • Shriram Finance Limited: Record Date: November 7, 2025; Shut Period: Nov 6-7
  • ADF Foods Limited: Record Date: November 13, 2025; Shut Period: Nov 12-13
  • Ajanta Pharma Ltd.: Record Date: November 10, 2025; Shut Period: Nov 7-10
  • Godrej Consumer Products Ltd.: Record Date: November 7, 2025; Shut Period: Nov 6-7
  • Power Grid Corporation of India Limited: Record Date: November 10, 2025; Shut Period: Nov 7-10
  • Dr. Lal Pathlabs Limited: Record Date: November 7, 2025; Shut Period: Nov 6-7
  • Housing & Urban Development Corporation Ltd.: Record Date: November 19, 2025; Shut Period: Nov 18-19
  • Aptus Value Housing Finance India Limited: Record Date: November 7, 2025; Shut Period: Nov 6-7
  • R R Kabel Limited: Record Date: November 7, 2025; Shut Period: Nov 6-7

Buyback

  • GHCL Ltd.: Record Date: November 14, 2025; Foreclosure Date: Nov 14; Shut Period: Nov 13-14

Stock Split

  • Websol Energy System Limited: Record Date: November 14, 2025; Shut Period: Nov 13-14

Compliance Requirements

  • SLB participants must not lend or borrow the affected securities during the specified shut periods
  • Market participants must adjust their SLB positions accordingly before shut periods commence
  • Stock exchanges and clearing corporations must enforce restrictions on SLB activities during shut periods

Important Dates

  • November 6-7, 2025: Shut period for 7 companies (BPCL, Balkrishna, Shriram Finance, Godrej Consumer, Dr. Lal Pathlabs, Aptus, RR Kabel)
  • November 7-10, 2025: Shut period for 3 companies (Godfrey Phillips, Ajanta Pharma, Power Grid)
  • November 12-13, 2025: Shut period for ADF Foods
  • November 13-14, 2025: Shut period for 3 companies (GHCL, ONGC, Websol Energy)
  • November 18-19, 2025: Shut period for HUDCO
  • November 20-21, 2025: Shut period for Gabriel India

Impact Assessment

Market Impact: Medium - affects liquidity in SLB market for 16 securities across multiple dates in November 2025.

Operational Impact: SLB participants must plan lending/borrowing activities around multiple shut periods throughout November, with peak impact on November 6-7 when 7 securities will be simultaneously restricted. The staggered dates allow for better operational planning but require continuous monitoring of SLB eligibility.

Impact Justification

Operational circular affecting SLB participants for 16 securities with various corporate actions; requires timely awareness for securities lending/borrowing operations during shut periods