Description

BSE circular announcing dividend corporate actions for 23 securities with record dates, ex-dates, and shut periods ranging from November 11-26, 2025.

Summary

BSE has issued a circular detailing corporate actions for 23 securities in the Securities Lending and Borrowing (SLB) segment. All listed companies are declaring dividends with corresponding record dates, ex-dates, and shut periods between November 11-26, 2025. The shut periods prevent new SLB transactions from being initiated during the record date period to ensure proper dividend entitlement.

Key Points

  • 23 companies announcing dividend payments with SLB shut periods
  • Record dates range from November 11, 2025 to November 26, 2025
  • Ex-dates align with record dates for all securities
  • Shut periods are one day before the record date through the record date itself
  • One exception: MOIL Limited has ex-date on November 14 with record date on November 15
  • All corporate actions are dividend-related with no stock splits, bonuses, or rights issues

Regulatory Changes

No regulatory changes introduced. This is a routine operational circular informing market participants of upcoming corporate actions in SLB securities.

Compliance Requirements

  • Market participants must not initiate new SLB transactions during the specified shut periods for each security
  • Existing SLB positions must be managed considering the dividend record dates
  • Brokers and clearing members should inform clients about SLB restrictions during shut periods
  • Settlement obligations must be completed before shut period commencement

Important Dates

November 11, 2025:

  • Indian Metals & Ferro Alloys Limited (Ex-date & Record date)
  • Shut period: November 10-11, 2025

November 13, 2025:

  • ADF Foods Limited, Great Eastern Shipping, Patanjali Foods (Ex-date & Record date)
  • Shut period: November 12-13, 2025

November 14, 2025:

  • Garware Technical Fibres, Petronet LNG, Safari Industries, NAVA Limited, Pricol Limited, K.P. Energy, National Aluminium, KDDL, Bayer CropScience, Emami, KPI Green Energy (Ex-date & Record date)
  • MOIL Limited (Ex-date only, Record date: November 15)
  • Shut period: November 13-14, 2025

November 15, 2025:

  • MOIL Limited (Record date)
  • Shut period: November 13-15, 2025

November 18, 2025:

  • Ashok Leyland, Venus Pipes & Tubes (Ex-date & Record date)
  • Shut period: November 17-18, 2025

November 19, 2025:

  • Shipping Corporation Of India, Housing & Urban Development Corporation (Ex-date & Record date)
  • Shut period: November 18-19, 2025

November 20, 2025:

  • Sun TV Network (Ex-date & Record date)
  • Shut period: November 19-20, 2025

November 21, 2025:

  • Info Edge (India) (Ex-date & Record date)
  • Shut period: November 20-21, 2025

November 26, 2025:

  • Power Finance Corporation (Ex-date & Record date)
  • Shut period: November 25-26, 2025

Impact Assessment

Market Operations Impact: Medium - affects liquidity in SLB segment for 23 securities during shut periods, but durations are short (1-3 days per security).

Investor Impact: Medium - investors holding these securities will receive dividends if held through record date. SLB participants must plan positions accordingly to avoid settlement failures.

Trading Impact: Low to Medium - no trading halts, but SLB functionality temporarily restricted for each security during its shut period.

Sectoral Coverage: Broad impact across multiple sectors including shipping, energy, FMCG, auto, media, metals, financial services, and infrastructure, indicating healthy dividend distribution across the market.

Impact Justification

Regular dividend corporate action affecting 23 securities with SLB shut periods. Important for investors and traders in securities lending and borrowing to avoid settlement issues during record dates.