Description
BSE announces shut periods for Securities Lending and Borrowing (SLB) due to corporate actions including dividends for 8 companies and bonus issue for Thyrocare Technologies Limited.
Summary
BSE has announced corporate actions affecting Securities Lending and Borrowing (SLB) securities. Eight companies have declared dividends and one company (Thyrocare Technologies Limited) has announced a bonus issue. SLB trading will be suspended for these securities during their respective shut periods.
Key Points
- 8 companies announcing dividend distributions with varying record dates between November 17-25, 2025
- 1 bonus issue by Thyrocare Technologies Limited with record date November 28, 2025
- SLB shut periods range from 1-2 days for each security
- All ex-dates align with respective book closure/record dates
- Thyrocare’s bonus issue includes a foreclosure date of November 28, 2025
Corporate Actions Details
Dividend Announcements
Ingersoll-Rand (India) Ltd.
- Record Date: November 25, 2025
- Ex Date: November 25, 2025
- Shut Period: November 24-25, 2025
M.R.F. Ltd.
- Record Date: November 21, 2025
- Ex Date: November 21, 2025
- Shut Period: November 20-21, 2025
Ashok Leyland Ltd.
- Record Date: November 18, 2025
- Ex Date: November 18, 2025
- Shut Period: November 17-18, 2025
GMM Pfaudler Ltd.
- Record Date: November 17, 2025
- Ex Date: November 17, 2025
- Shut Period: November 14-17, 2025
Polyplex Corporation Ltd.
- Record Date: November 21, 2025
- Ex Date: November 21, 2025
- Shut Period: November 20-21, 2025
Natco Pharma Ltd.
- Record Date: November 20, 2025
- Ex Date: November 20, 2025
- Shut Period: November 19-20, 2025
SUN TV NETWORK LIMITED
- Record Date: November 20, 2025
- Ex Date: November 20, 2025
- Shut Period: November 19-20, 2025
Oil India Limited
- Record Date: November 21, 2025
- Ex Date: November 21, 2025
- Shut Period: November 20-21, 2025
Bonus Issue
Thyrocare Technologies Limited
- Record Date: November 28, 2025
- Ex Date: November 28, 2025
- Foreclosure Date: November 28, 2025
- Shut Period: November 27-28, 2025
Compliance Requirements
- SLB market 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 suspension periods
- Market participants should plan their SLB strategies around these corporate action dates
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: M.R.F., Polyplex Corporation, and Oil India shut period
- November 24-25, 2025: Ingersoll-Rand shut period
- November 27-28, 2025: Thyrocare Technologies shut period (latest)
Impact Assessment
Market Impact: Medium - Affects liquidity in SLB market for 9 securities over a two-week period. Participants engaged in securities lending and borrowing will need to adjust their positions or avoid these securities during shut periods.
Operational Impact: SLB desks and participants must track multiple shut periods across different dates. The staggered nature of shut periods (November 14-28) requires careful monitoring and operational planning for securities lending and borrowing activities.
Impact Justification
Affects SLB market participants for 9 securities with temporary shut periods. Important for traders engaged in securities lending and borrowing activities during specified dates.