Description
BSE announces corporate actions for Can Fin Homes Ltd. (dividend) and Nuvama Wealth Management Limited (stock split) with respective record dates and shut periods.
Summary
BSE has issued a circular announcing corporate actions in Securities Lending and Borrowing (SLB) for two companies. Can Fin Homes Ltd. will undergo a dividend corporate action with record date and ex-date on December 19, 2025. Nuvama Wealth Management Limited will undergo a stock split with record date and ex-date on December 26, 2025. Both actions have specified shut periods during which SLB transactions will be affected.
Key Points
- Can Fin Homes Ltd. dividend with record date December 19, 2025
- Nuvama Wealth Management Limited stock split with record date December 26, 2025
- Shut periods apply for both securities during corporate action processing
- Foreclosure dates specified for SLB positions
- Ex-dates align with record dates for both corporate actions
Regulatory Changes
No new regulatory changes. This circular follows existing BSE procedures for handling corporate actions in securities available for lending and borrowing.
Compliance Requirements
- Market participants with SLB positions in Can Fin Homes Ltd. must observe the shut period from December 18-19, 2025
- Market participants with SLB positions in Nuvama Wealth Management Limited must observe the shut period from December 24-26, 2025
- Foreclosure of SLB positions must be completed before the respective shut periods
- No new SLB transactions permitted during shut periods for these securities
Important Dates
Can Fin Homes Ltd.
- Ex-Date: December 19, 2025
- Record Date: December 19, 2025
- Shut Period: December 18-19, 2025
Nuvama Wealth Management Limited
- Ex-Date: December 26, 2025
- Record Date: December 26, 2025
- Shut Period: December 24-26, 2025
Impact Assessment
Market Impact: Medium impact on SLB market participants holding positions in these two securities. The shut periods will temporarily restrict lending and borrowing activities.
Operational Impact: Participants must plan position closures ahead of shut periods. The dividend action for Can Fin Homes requires coordination for benefit entitlements, while the stock split for Nuvama Wealth requires position adjustments.
Investor Impact: Investors engaged in securities lending must ensure positions are squared off or rolled over before foreclosure dates to avoid forced closures during shut periods.
Impact Justification
Corporate actions affect SLB positions for two securities with specific shut periods and foreclosure requirements for market participants engaged in securities lending and borrowing.