Description

BSE announces corporate actions including dividend distributions for 22 companies and rights issue for Adani Enterprises, with shut periods and ex-dates in November 2025.

Summary

BSE has announced corporate actions affecting Securities Lending and Borrowing (SLB) for 23 companies. The circular details dividend distributions for 22 companies and a rights issue for Adani Enterprises Limited. All actions are scheduled between November 14-21, 2025, with corresponding shut periods during which SLB transactions will be restricted.

Key Points

  • 22 companies declaring dividends with ex-dates between November 14-21, 2025
  • Adani Enterprises Limited announcing rights issue of equity shares with ex-date November 17, 2025
  • Shut periods range from 2-4 days for each corporate action
  • SLB transactions will be foreclosed during specified shut periods
  • Ex-dates and book closure/record dates align for most securities
  • Major companies include ONGC, Asian Paints, Info Edge, IRCTC, Container Corporation, and Cochin Shipyard

Regulatory Changes

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

Compliance Requirements

  • Market participants must ensure SLB positions are closed or adjusted before shut periods commence
  • Trading members should inform clients holding SLB positions about foreclosure dates
  • No new SLB transactions allowed during shut periods for affected securities
  • Existing SLB positions must comply with corporate action adjustments

Important Dates

November 14, 2025:

  • RITES Limited - Ex-date (Shut: Nov 13-15)
  • MOIL Limited - Ex-date (Shut: Nov 13-15)
  • ONGC - Ex-date (Shut: Nov 13-14)

November 17, 2025:

  • Balrampur Chini Mills - Ex-date (Shut: Nov 14-17)
  • Pearl Global Industries - Ex-date (Shut: Nov 14-17)
  • EPL Limited - Ex-date (Shut: Nov 14-17)
  • Adani Enterprises - Rights Issue Ex-date & Foreclosure (Shut: Nov 14-17)
  • Surya Roshni - Ex-date (Shut: Nov 14-17)

November 18, 2025:

  • Cochin Shipyard - Ex-date (Shut: Nov 17-18)
  • Asian Paints - Ex-date (Shut: Nov 17-18)
  • IRB Infrastructure - Ex-date (Shut: Nov 17-18)
  • Precision Wires India - Ex-date (Shut: Nov 17-18)
  • MAN Infraconstruction - Ex-date (Shut: Nov 17-18)

November 19, 2025:

  • NBCC (India) - Ex-date (Shut: Nov 18-19)
  • Jamna Auto Industries - Ex-date (Shut: Nov 18-19)
  • Page Industries - Ex-date (Shut: Nov 18-19)
  • CARE Ratings - Ex-date (Shut: Nov 18-19)
  • Banco Products - Ex-date (Shut: Nov 18-19)

November 20, 2025:

  • Container Corporation - Ex-date (Shut: Nov 19-20)

November 21, 2025:

  • Sonata Software - Ex-date (Shut: Nov 20-21)
  • IRCTC - Ex-date (Shut: Nov 20-21)
  • Info Edge (India) - Ex-date (Shut: Nov 20-21)
  • Gabriel India - Ex-date (Shut: Nov 20-21)

Impact Assessment

Market Impact: Medium - Affects 23 securities across various sectors including PSUs, IT, manufacturing, and infrastructure. The shut periods will temporarily restrict SLB liquidity for these stocks.

Operational Impact: SLB participants must plan position closures or rollovers before shut periods. The staggered dates (Nov 14-21) distribute the impact across multiple trading sessions.

Investor Impact: Dividend announcements are generally positive for shareholders. Adani Enterprises rights issue requires special attention from investors and SLB participants due to foreclosure date alignment with ex-date on November 17, 2025.

Liquidity Impact: Temporary reduction in borrowing/lending activity for affected securities during shut periods. Major PSUs like ONGC, IRCTC, and Container Corporation may see notable SLB liquidity constraints.

Impact Justification

Affects trading in SLB (Securities Lending and Borrowing) for 23 securities with shut periods ranging from November 14-21, 2025. Important for traders and investors holding positions in these stocks, particularly Adani Enterprises with rights issue.