Description

BSE notification regarding corporate actions including dividends, buyback, spin-off, and stock split for 25 securities with their respective record dates and shut periods.

Summary

BSE has issued a circular detailing corporate actions affecting 25 securities in the Securities Lending and Borrowing (SLB) segment. The actions include 21 dividend announcements, 1 buyback (Infosys), 1 spin-off (Allcargo Logistics), and 1 stock split (Websol Energy). Each corporate action has specific record dates, ex-dates, and shut periods during which SLB transactions will be restricted.

Key Points

  • 25 securities affected by corporate actions in SLB segment
  • 21 dividend declarations with record dates between November 10-21, 2025
  • Infosys Ltd buyback with record date November 14, 2025
  • Allcargo Logistics spin-off with record date November 12, 2025
  • Websol Energy System stock split with record date November 14, 2025
  • Shut periods range from 2-4 days for each security
  • SLB transactions will be restricted during respective shut periods

Regulatory Changes

No new regulatory changes introduced. This circular applies existing SLB framework rules regarding corporate action restrictions.

Compliance Requirements

  • SLB participants must note the shut periods for affected securities
  • No new SLB positions can be created during shut periods
  • Existing positions must be managed considering the foreclosure dates where applicable
  • Market participants must account for ex-dates when planning SLB transactions
  • Settlement obligations must be fulfilled before shut period commencement

Important Dates

Week of November 10-14, 2025:

  • November 10: Aurionpro Solutions, Route Mobile (Dividend)
  • November 11: Garden Reach Shipbuilders, Nuvama Wealth, Chambal Fertilisers, Chalet Hotels, Metropolis Healthcare, Saregama India, Astral Limited (Dividend)
  • November 12: Kaveri Seed, Symphony, Gujarat Pipavav Port, Allcargo Logistics (Dividend/Spin-off)
  • November 13: Amara Raja Energy & Mobility, Patanjali Foods (Dividend)
  • November 14: JM Financial, Birlasoft, Nava Limited, Pricol, Infosys (Buyback), K.P. Energy, Websol Energy (Stock Split), KPI Green Energy (Dividend)

Week of November 17-21, 2025:

  • November 18: Precision Wires India (Dividend)
  • November 21: M.R.F. Ltd. (Dividend)

Impact Assessment

Market Impact: Medium - Multiple securities across various sectors affected simultaneously, potentially reducing SLB market liquidity during shut periods.

Operational Impact: SLB participants need to monitor 25 different securities with varying shut periods over a two-week period, requiring careful position management and settlement planning.

Investor Impact: Beneficial owners during record dates will receive corporate action benefits. Short sellers and lenders must account for dividend obligations and position adjustments.

Liquidity Impact: Temporary reduction in SLB availability for affected securities during shut periods, particularly impactful for securities with longer shut periods (November 7-14 for some securities).

Impact Justification

Affects multiple securities in the SLB segment with various corporate actions requiring temporary trading restrictions during shut periods