Description

BSE announces corporate actions for securities under Securities Lending and Borrowing (SLB) scheme including right issue for Deccan Gold Mines Ltd. and buyback for eClerx Services Limited.

Summary

BSE has announced corporate actions for securities under the Securities Lending and Borrowing (SLB) scheme. Two companies are undertaking corporate actions: Deccan Gold Mines Ltd. is conducting a right issue of equity shares, and eClerx Services Limited is executing a buyback of shares. Both actions have specific record dates, ex-dates, and shut periods that investors need to be aware of.

Key Points

  • Deccan Gold Mines Ltd. is undertaking a right issue of equity shares
  • eClerx Services Limited is executing a buyback of shares
  • Both corporate actions have designated book closure/record dates and ex-dates
  • Shut periods have been established for both securities during the corporate action period
  • These actions apply to securities under the SLB (Securities Lending and Borrowing) scheme

Regulatory Changes

No regulatory changes are introduced in this circular. This is a notification of scheduled corporate actions under existing SLB framework.

Compliance Requirements

  • Investors and market participants must note the book closure/record dates for eligibility
  • Trading participants must observe the ex-dates for both securities
  • Lenders and borrowers under SLB scheme must comply with foreclosure dates
  • No lending or borrowing transactions should be initiated during the shut periods

Important Dates

Deccan Gold Mines Ltd. (Right Issue)

  • Book Closure/Record Date: December 09, 2025
  • Ex Date: December 09, 2025
  • Foreclosure Date: December 09, 2025
  • Shut Period: December 08, 2025 to December 09, 2025

eClerx Services Limited (Buyback)

  • Book Closure/Record Date: December 17, 2025
  • Ex Date: December 17, 2025
  • Foreclosure Date: December 17, 2025
  • Shut Period: December 16, 2025 to December 17, 2025

Impact Assessment

Market Impact: Medium - Affects two securities under the SLB scheme with different corporate actions. The right issue may lead to increased trading activity in Deccan Gold Mines shares, while the buyback could affect eClerx’s share price and liquidity.

Operational Impact: Investors holding these securities or having positions in the SLB scheme must ensure they understand eligibility criteria based on record dates. Brokers and custodians need to process corporate action entitlements accurately. The shut periods will temporarily restrict SLB activities for these securities, requiring participants to plan their lending/borrowing strategies accordingly.

Impact Justification

Affects shareholders of two companies participating in SLB scheme with specific corporate actions requiring attention to record dates and shut periods