Description

Announcement of corporate actions including dividend by Can Fin Homes Ltd. and stock split by Nuvama Wealth Management Limited with respective record dates and shut periods.

Summary

BSE announces corporate actions affecting Securities Lending and Borrowing (SLB) positions. Can Fin Homes Ltd. will proceed with a dividend distribution, while Nuvama Wealth Management Limited will execute a stock split. Both actions will result in shut periods where SLB positions must be squared off.

Key Points

  • Can Fin Homes Ltd. dividend action with ex-date and record date on December 19, 2025
  • Nuvama Wealth Management Limited stock split with ex-date and record date on December 26, 2025
  • Foreclosure dates established for SLB positions in affected securities
  • Mandatory shut periods imposed during which SLB trading will be restricted

Corporate Actions Details

Can Fin Homes Ltd.

  • Type: Dividend
  • Record Date: December 19, 2025
  • Ex-Date: December 19, 2025
  • Shut Period: December 18-19, 2025
  • Foreclosure Date: December 18, 2025

Nuvama Wealth Management Limited

  • Type: Stock Split
  • Record Date: December 26, 2025
  • Ex-Date: December 26, 2025
  • Shut Period: December 24-26, 2025
  • Foreclosure Date: December 24, 2025

Compliance Requirements

  • SLB participants must square off their positions in these securities before the respective foreclosure dates
  • No new SLB positions can be created during the shut periods
  • Existing positions must be closed prior to shut period commencement
  • Market participants should review their SLB portfolios and take necessary action

Important Dates

  • December 18, 2025: Foreclosure date and shut period begins for Can Fin Homes Ltd.
  • December 19, 2025: Ex-date, record date for Can Fin Homes dividend; shut period ends
  • December 24, 2025: Foreclosure date and shut period begins for Nuvama Wealth Management
  • December 26, 2025: Ex-date, record date for Nuvama stock split; shut period ends

Impact Assessment

This circular directly impacts participants in the Securities Lending and Borrowing segment who hold positions in the affected securities. Market participants must ensure timely closure of positions to avoid forced square-offs. The shut periods temporarily restrict liquidity in the SLB market for these specific securities. The foreclosure mechanism ensures orderly settlement before corporate action execution dates.

Impact Justification

Impacts SLB (Securities Lending and Borrowing) participants holding positions in these securities during the shut period. Requires action from market participants to close or adjust positions before foreclosure dates.