Description
BSE announces corporate actions for Deccan Gold Mines Ltd. (Right Issue) and eClerx Services Limited (Buyback of Shares) with respective record dates and shut periods.
Summary
BSE has announced corporate actions for securities under Securities Lending and Borrowing (SLB) mechanism. Two companies are affected: Deccan Gold Mines Ltd. is undertaking a Right Issue of Equity Shares, and eClerx Services Limited is conducting a Buyback of Shares. Both corporate actions have specific record dates, ex-dates, and shut periods during which normal trading activities will be restricted.
Key Points
- Deccan Gold Mines Ltd. - Right Issue of Equity Shares scheduled with record date on December 9, 2025
- eClerx Services Limited - Buyback of Shares scheduled with record date on December 17, 2025
- Both securities will have shut periods affecting SLB transactions
- Ex-dates coincide with record dates for both corporate actions
- Foreclosure dates align with respective record dates
Regulatory Changes
No regulatory changes introduced. This is a notification of scheduled corporate actions.
Compliance Requirements
- Market participants must note the shut periods for SLB transactions
- Trading members and clearing members should update their systems with ex-dates and record dates
- Investors holding positions in these securities should be aware of the corporate action schedules
- SLB transactions for affected securities must be closed before the respective shut periods
Important Dates
Deccan Gold Mines Ltd.
- Ex Date: December 9, 2025
- Record Date: December 9, 2025
- Foreclosure Date: December 9, 2025
- Shut Period: December 8, 2025 to December 9, 2025
eClerx Services Limited
- Ex Date: December 17, 2025
- Record Date: December 17, 2025
- Foreclosure Date: December 17, 2025
- Shut Period: December 16, 2025 to December 17, 2025
Impact Assessment
The impact is moderate and specific to shareholders and SLB participants of the two affected companies. For Deccan Gold Mines shareholders, the right issue provides an opportunity to subscribe to additional shares. For eClerx Services shareholders, the buyback may result in value realization opportunities. During the shut periods, SLB transactions for these securities will be restricted, which may affect short-term liquidity for borrowing and lending activities. Market participants should plan their positions accordingly to avoid disruption during the shut periods.
Impact Justification
Standard corporate action notifications affecting two companies with specific trading implications during shut periods