Description

BSE announces corporate actions for three companies including stock splits for CAMS and Mrs. Bectors, and dividend for Engineers India with respective ex-dates and shut periods.

Summary

BSE has announced corporate actions affecting Securities Lending and Borrowing (SLB) positions for three companies. Computer Age Management Services Limited and Mrs. Bectors Food Specialities Limited will undergo stock splits, while Engineers India Ltd. will distribute dividends. These actions require foreclosure of SLB positions during specified shut periods.

Key Points

  • Computer Age Management Services Limited: Stock Split with ex-date December 5, 2025
  • Engineers India Ltd.: Dividend with ex-date December 4, 2025
  • Mrs. Bectors Food Specialities Limited: Stock Split with ex-date December 12, 2025
  • All actions include mandatory shut periods for SLB positions
  • Record dates aligned with ex-dates for all three corporate actions

Regulatory Changes

No new regulatory changes. This circular implements existing SLB framework requirements for corporate action handling.

Compliance Requirements

  • Market participants holding SLB positions in affected securities must close positions before shut periods
  • Foreclosure of SLB positions mandatory during specified shut periods
  • No new SLB positions can be created during shut periods
  • Participants must monitor corporate action calendars for position management

Important Dates

Computer Age Management Services Limited:

  • Ex-Date: December 5, 2025
  • Record Date: December 5, 2025
  • Shut Period: December 4-5, 2025

Engineers India Ltd.:

  • Ex-Date: December 4, 2025
  • Record Date: December 4, 2025
  • Shut Period: December 3-4, 2025

Mrs. Bectors Food Specialities Limited:

  • Ex-Date: December 12, 2025
  • Record Date: December 12, 2025
  • Shut Period: December 11-12, 2025

Impact Assessment

Market Impact: Medium - affects liquidity in SLB segment for three securities during shut periods.

Operational Impact: Market participants with open SLB positions must plan foreclosure activities. Stock splits will result in adjusted share quantities and prices post-execution. Dividend action for Engineers India will result in price adjustment on ex-date.

Trading Impact: SLB trading temporarily suspended during shut periods for affected securities. Participants must ensure sufficient time for position closure before shut periods commence.

Impact Justification

Affects SLB (Securities Lending and Borrowing) positions for three listed companies with upcoming corporate actions requiring position adjustments