Description
Details of corporate actions including dividends, buyback, and stock split for 16 securities in the Securities Lending and Borrowing (SLB) segment with their respective record dates and shut periods.
Summary
BSE has announced corporate actions for 16 securities in the Securities Lending and Borrowing (SLB) segment scheduled between November 7-21, 2025. The actions include 14 dividend distributions, 1 buyback, and 1 stock split, each with specified ex-dates, record dates, and shut periods during which SLB transactions will be restricted.
Key Points
- 14 securities declaring dividends with ex-dates ranging from November 7-21, 2025
- GHCL Ltd. conducting buyback with ex-date and record date on November 14, 2025
- Websol Energy System Limited executing stock split on November 14, 2025
- Shut periods established for each corporate action, typically 1-2 days before the ex-date
- GHCL buyback includes foreclosure date on November 14, 2025
- All SLB participants must manage positions accordingly during shut periods
Regulatory Changes
No regulatory changes introduced. This is a standard operational circular informing market participants of upcoming corporate actions in SLB securities.
Compliance Requirements
- SLB participants must not initiate new lending/borrowing transactions in affected securities during shut periods
- Market participants must account for corporate actions when managing SLB positions
- Brokers and clearing members must inform clients about shut periods for these securities
- Position adjustments must be completed before the commencement of shut periods
Important Dates
November 6-7, 2025 (Shut Period): Ex-date November 7
- Bharat Petroleum Corporation Ltd. (Dividend)
- Balkrishna Industries Ltd. (Dividend)
- Shriram Finance Limited (Dividend)
- Godrej Consumer Products Ltd. (Dividend)
- Dr. Lal Pathlabs Limited (Dividend)
- Aptus Value Housing Finance India Limited (Dividend)
- R R Kabel Limited (Dividend)
November 7-10, 2025 (Shut Period): Ex-date November 10
- Godfrey Phillips India Ltd. (Dividend)
- Ajanta Pharma Ltd. (Dividend)
- Power Grid Corporation of India Limited (Dividend)
November 12-13, 2025 (Shut Period): Ex-date November 13
- ADF Foods Limited (Dividend)
November 13-14, 2025 (Shut Period): Ex-date November 14
- GHCL Ltd. (Buyback - Foreclosure Date: November 14, 2025)
- Oil And Natural Gas Corporation Ltd (Dividend)
- Websol Energy System Limited (Stock Split)
November 18-19, 2025 (Shut Period): Ex-date November 19
- Housing & Urban Development Corporation Ltd. (Dividend)
November 20-21, 2025 (Shut Period): Ex-date November 21
- Gabriel India Ltd. (Dividend)
Impact Assessment
Market Impact: Medium - Affects liquidity in the SLB segment for 16 securities across multiple dates in November. Participants with open positions must plan exits or adjustments before shut periods.
Operational Impact: SLB desks and risk management teams need to monitor positions across multiple securities and dates. The staggered schedule from November 6-21 requires continuous attention to avoid positions being locked during shut periods.
Investor Impact: Beneficial owners via SLB arrangements need to understand their entitlement status for corporate actions. Lenders may recall securities to capture dividend benefits, while borrowers need to account for dividend obligations.
Liquidity Impact: Temporary reduction in SLB availability for these securities during shut periods, potentially affecting short-selling strategies and hedging activities in the underlying cash market.
Impact Justification
Affects SLB participants holding positions in these 16 securities requiring position management around ex-dates and shut periods for multiple corporate actions