Description

Notification of corporate actions affecting Securities Lending and Borrowing (SLB) for Deccan Gold Mines Ltd. (Right Issue) and eClerx Services Limited (Buyback).

Summary

BSE has notified corporate actions affecting Securities Lending and Borrowing (SLB) for two securities. Deccan Gold Mines Ltd. is undertaking a Right Issue of Equity Shares, while eClerx Services Limited is conducting a Buyback of Shares. Both actions include specific ex-dates, record dates, and foreclosure dates that SLB participants must observe.

Key Points

  • Two securities are subject to corporate actions affecting SLB operations
  • Deccan Gold Mines Ltd.: Right Issue of Equity Shares with ex-date December 9, 2025
  • eClerx Services Limited: Buyback of Shares with ex-date December 17, 2025
  • Foreclosure periods established for both securities to manage SLB positions
  • SLB participants must take necessary action before shut periods commence

Regulatory Changes

No new regulatory changes. This is a standard notification of corporate actions affecting SLB securities under existing framework.

Compliance Requirements

  • SLB participants must note the foreclosure dates and shut periods for affected securities
  • Participants should ensure positions are managed appropriately before shut periods begin
  • No new SLB transactions in these securities during shut periods
  • Existing SLB positions must be squared off or rolled over before foreclosure dates

Important Dates

Deccan Gold Mines Ltd. (Right Issue)

  • Ex-Date: December 9, 2025
  • Record Date: December 9, 2025
  • Foreclosure Date: December 9, 2025
  • 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
  • Shut Period: December 16-17, 2025

Impact Assessment

Market Impact: Medium - affects SLB operations for two specific securities. Participants with existing SLB positions in these stocks must take action before foreclosure dates.

Operational Impact: SLB participants need to monitor positions in Deccan Gold Mines and eClerx Services, ensuring compliance with foreclosure timelines. The shut periods temporarily restrict SLB activity in these securities, requiring advance position management.

Investor Impact: Shareholders of record will be eligible for the right issue (Deccan Gold Mines) or buyback (eClerx Services) participation. SLB borrowers must return shares before record dates to avoid entitlement complications.

Impact Justification

Corporate actions affecting SLB securities require participant awareness for position management and foreclosure periods, impacting two specific stocks with defined timelines.