Description
BSE announces corporate actions for SLB securities including dividends for Can Fin Homes and Indian Oil Corporation, and bonus issue for Dr. Lal Pathlabs with respective record dates and shut periods.
Summary
BSE has announced corporate actions affecting Securities Lending and Borrowing (SLB) segment for three securities. Can Fin Homes Ltd. and Indian Oil Corporation Ltd. will undergo dividend distribution, while Dr. Lal Pathlabs Limited will implement a bonus issue. Each corporate action has designated ex-dates, record dates, and shut periods during which SLB transactions will be restricted.
Key Points
- Can Fin Homes Ltd.: Dividend with record date December 19, 2025
- Indian Oil Corporation Ltd.: Dividend with record date December 18, 2025
- Dr. Lal Pathlabs Limited: Bonus issue with record date December 19, 2025 and foreclosure date December 19, 2025
- Shut periods defined for each security to facilitate settlement adjustments
- Ex-dates aligned with respective record dates for all three securities
Regulatory Changes
No new regulatory changes introduced. This circular implements standard corporate action procedures for SLB securities as per existing BSE regulations.
Compliance Requirements
- Market participants must note the shut periods for SLB transactions in affected securities
- No new SLB positions can be created during the specified shut periods
- Existing SLB positions must be managed considering the corporate action dates
- Settlement obligations must account for dividend and bonus issue adjustments
Important Dates
Can Fin Homes Ltd.
- Ex-Date: December 19, 2025
- Record Date: December 19, 2025
- Shut Period: December 18-19, 2025
Indian Oil Corporation Ltd.
- Ex-Date: December 18, 2025
- Record Date: December 18, 2025
- Shut Period: December 17-18, 2025
Dr. Lal Pathlabs Limited
- Ex-Date: December 19, 2025
- Record Date: December 19, 2025
- Foreclosure Date: December 19, 2025
- Shut Period: December 18-19, 2025
Impact Assessment
Market Impact: Medium - affects trading and settlement in SLB segment for three actively traded securities. The shut periods will temporarily restrict new SLB transactions.
Operational Impact: Market participants with existing SLB positions in these securities must adjust their positions and settlement calculations to account for dividend payouts and bonus share issuance. The bonus issue for Dr. Lal Pathlabs will result in increased share count requiring position adjustments. Dividend distributions for Can Fin Homes and Indian Oil Corporation will affect valuation and settlement of SLB transactions.
Investor Impact: Investors holding these securities through SLB mechanism need to be aware of entitlement rules for corporate benefits and plan their positions accordingly before the foreclosure and shut periods.
Impact Justification
Corporate actions affect SLB positions and trading in these securities with specific shut periods for settlement adjustments