Description
Corporate actions announced 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 two securities in the SLB segment. Deccan Gold Mines Ltd. is conducting a Right Issue of Equity Shares with record date December 9, 2025. eClerx Services Limited is executing a Buyback of Shares with record date December 17, 2025. Both actions have defined shut periods for SLB transactions.
Key Points
- Deccan Gold Mines Ltd. conducting Right Issue with ex-date and record date on December 9, 2025
- eClerx Services Limited executing Share Buyback with ex-date and record date on December 17, 2025
- SLB shut periods established for both securities during corporate action processing
- Foreclosure dates aligned with respective ex-dates
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for SLB securities.
Compliance Requirements
- SLB participants must observe the shut periods: December 8-9, 2025 for Deccan Gold Mines and December 16-17, 2025 for eClerx Services
- No new SLB transactions permitted during shut periods for affected securities
- Market participants must settle outstanding SLB positions before foreclosure dates
- Ensure eligibility for corporate actions by holding positions as of record dates
Important Dates
Deccan Gold Mines Ltd. (Right Issue)
- Ex-Date: December 9, 2025
- Record Date: December 9, 2025
- Foreclosure Date: December 9, 2025
- SLB Shut Period: December 8-9, 2025
eClerx Services Limited (Buyback)
- Ex-Date: December 17, 2025
- Record Date: December 17, 2025
- Foreclosure Date: December 17, 2025
- SLB Shut Period: December 16-17, 2025
Impact Assessment
Market Impact: Medium - affects SLB market participants holding or trading these two securities. Right issue may dilute existing holdings while buyback typically supports share prices.
Operational Impact: SLB participants must manage positions before shut periods. Those holding borrowed securities must return them or face potential foreclosure. Lenders cannot recall securities during shut periods.
Investor Impact: Shareholders on record date for Deccan Gold Mines will be eligible for right issue participation. eClerx shareholders on record date may participate in buyback offer. SLB positions may affect eligibility for corporate action benefits.
Impact Justification
Corporate actions affecting two securities with specific implications for SLB (Securities Lending and Borrowing) participants requiring action within specified timelines