Description

BSE announces corporate actions for 23 securities including dividend declarations and Adani Enterprises rights issue, with shut periods ranging from November 14-21, 2025.

Summary

BSE has issued a circular detailing corporate actions for Securities Lending and Borrowing (SLB) securities. The circular covers 23 companies undertaking corporate actions including 22 dividend declarations and 1 rights issue. The shut periods for SLB operations range from November 14, 2025 to November 21, 2025, during which SLB transactions will be restricted for the affected securities.

Key Points

  • 22 companies have declared dividends with record dates between November 14-21, 2025
  • Adani Enterprises Limited is undertaking a rights issue with record date November 17, 2025
  • SLB shut periods have been announced for all 23 securities to accommodate corporate actions
  • Ex-dates coincide with record dates for most securities
  • RITES Limited and MOIL Limited have ex-dates one day prior to their record dates

Regulatory Changes

No new regulatory changes introduced. This is a routine notification of corporate actions affecting SLB securities.

Compliance Requirements

  • SLB participants must observe the shut periods specified for each security
  • No new SLB positions can be created during the shut period
  • Existing SLB positions must be managed considering the foreclosure dates where applicable
  • Market participants must adjust their trading and lending strategies around the ex-dates and record dates

Important Dates

November 14, 2025:

  • Oil And Natural Gas Corporation Ltd: Ex-date and Record date
  • RITES Limited & MOIL Limited: Ex-date (Record date: November 15)

November 17, 2025:

  • Balrampur Chini Mills Ltd, Pearl Global Industries Limited, EPL LIMITED, Surya Roshni Ltd: Dividend ex-date and record date
  • Adani Enterprises Ltd: Rights issue ex-date, record date, and foreclosure date

November 18, 2025:

  • Cochin Shipyard Limited, Asian Paints Ltd, IRB Infrastructure Developers Limited, Precision Wires India Ltd, MAN INFRACONSTRUCTION LIMITED: Dividend ex-date and record date

November 19, 2025:

  • NBCC (India) Limited, Jamna Auto Industries Ltd, Page Industries Ltd, CARE Ratings Limited, Banco Products (India) Ltd: Dividend ex-date and record date

November 20, 2025:

  • Container Corporation Of India Ltd: Dividend ex-date and record date

November 21, 2025:

  • Sonata Software Ltd, Indian Railway Catering & Tourism Corporation Ltd, Info Edge(India) Ltd, Gabriel India Ltd: Dividend ex-date and record date

Impact Assessment

Market Impact: Medium - The notification affects 23 actively traded securities across various sectors including oil & gas, IT, railways, shipping, paints, and infrastructure. The shut periods will temporarily restrict SLB activity for these securities.

Operational Impact: SLB participants must plan their lending and borrowing strategies around the specified shut periods. The concentration of corporate actions in the third week of November may lead to reduced liquidity in the SLB segment for these securities.

Investor Impact: Dividend-seeking investors and those participating in the Adani Enterprises rights issue must ensure they hold shares before the respective ex-dates to be eligible for benefits. SLB borrowers need to be aware of potential difficulties in rolling over positions during shut periods.

Impact Justification

Regular corporate action notification affecting 23 securities with scheduled shut periods for SLB operations. Important for SLB participants and investors tracking dividend distributions.