Description
BSE announces corporate actions for nine securities including dividends for eight companies and bonus issue for Thyrocare Technologies Limited.
Summary
BSE has issued a circular detailing corporate actions affecting Securities Lending and Borrowing (SLB) positions for nine securities. Eight companies are declaring dividends with record dates between November 17-25, 2025, and Thyrocare Technologies Limited is implementing a bonus issue with record date November 28, 2025. SLB positions will be foreclosed on the respective shut period dates.
Key Points
- Nine securities affected by corporate actions in SLB segment
- Eight dividend declarations with ex-dates ranging from November 17-25, 2025
- One bonus issue (Thyrocare Technologies) with ex-date November 28, 2025
- SLB positions will have foreclosure on respective dates
- Shut periods range from 1-3 days depending on the security
Corporate Actions by Security
Dividend Announcements
Ingersoll-Rand (India) Ltd.
- Ex Date & Record Date: November 25, 2025
- Shut Period: November 24-25, 2025
M.R.F. Ltd.
- Ex Date & Record Date: November 21, 2025
- Shut Period: November 20-21, 2025
Ashok Leyland Ltd.
- Ex Date & Record Date: November 18, 2025
- Shut Period: November 17-18, 2025
GMM Pfaudler Ltd.
- Ex Date & Record Date: November 17, 2025
- Shut Period: November 14-17, 2025
Polyplex Corporation Ltd.
- Ex Date & Record Date: November 21, 2025
- Shut Period: November 20-21, 2025
Natco Pharma Ltd.
- Ex Date & Record Date: November 20, 2025
- Shut Period: November 19-20, 2025
SUN TV NETWORK LIMITED
- Ex Date & Record Date: November 20, 2025
- Shut Period: November 19-20, 2025
Oil India Limited
- Ex Date & Record Date: November 21, 2025
- Shut Period: November 20-21, 2025
Bonus Issue
- Thyrocare Technologies Limited
- Ex Date & Record Date: November 28, 2025
- Foreclosure Date: November 28, 2025
- Shut Period: November 27-28, 2025
Compliance Requirements
- Investors with open SLB positions in these securities must close positions before the foreclosure dates to be eligible for corporate action benefits
- Borrowers must return borrowed securities before the shut period begins
- Lenders should be aware that their lent securities will be recalled for corporate action processing
Important Dates
- November 14-17, 2025: GMM Pfaudler shut period (earliest)
- November 17-18, 2025: Ashok Leyland shut period
- November 19-20, 2025: Natco Pharma and Sun TV shut period
- November 20-21, 2025: MRF, Polyplex, and Oil India shut period
- November 24-25, 2025: Ingersoll-Rand shut period
- November 27-28, 2025: Thyrocare Technologies shut period (bonus issue)
Impact Assessment
Market Impact: Medium - affects liquidity in SLB segment for nine securities during their respective shut periods.
Operational Impact: Investors participating in SLB must plan position closures in advance to avoid forced foreclosure. The staggered dates provide time for systematic unwinding of positions.
Investor Impact: Borrowers lose the opportunity to receive corporate action benefits unless they close their short positions. Lenders will have their securities recalled to enable them to receive dividends or bonus shares as eligible shareholders on record date.
Impact Justification
Affects SLB positions for multiple securities with upcoming corporate actions. Investors with SLB positions need to close positions before foreclosure dates to be eligible for benefits.