Description

Corporate actions announced for three securities: TCS dividend (ex-date Jan 16, 2026), MCX stock split (ex-date Jan 2, 2026), and CAMS dividend (ex-date Jan 30, 2026).

Summary

BSE has announced corporate actions for three securities under the Securities Lending and Borrowing (SLB) scheme. Tata Consultancy Services Ltd (TCS) will undergo dividend distribution with ex-date January 16, 2026. Multi Commodity Exchange of India Ltd (MCX) will implement a stock split with ex-date January 2, 2026. Computer Age Management Services Limited (CAMS) will distribute dividends with ex-date January 30, 2026. Each corporate action has designated foreclosure dates and shut periods.

Key Points

  • TCS dividend: Record date January 17, 2026, Ex-date January 16, 2026
  • MCX stock split: Record date January 2, 2026, Ex-date January 2, 2026
  • CAMS dividend: Record date January 30, 2026, Ex-date January 30, 2026
  • Specific shut periods apply for each security during the corporate action period
  • Foreclosure dates established for SLB positions in affected securities

Regulatory Changes

No regulatory changes announced. This is a standard corporate action notification for SLB securities.

Compliance Requirements

  • Market participants must note the foreclosure dates for SLB positions in the affected securities
  • Trading members must comply with the shut periods during which SLB transactions will be restricted
  • Participants should ensure timely closure or rollover of positions before the foreclosure dates

Important Dates

Tata Consultancy Services Ltd (TCS)

  • Ex-date: January 16, 2026
  • Record/Book Closure Date: January 17, 2026
  • Shut Period: January 15-17, 2026

Multi Commodity Exchange of India Ltd (MCX)

  • Ex-date: January 2, 2026
  • Record Date: January 2, 2026
  • Shut Period: January 1-2, 2026

Computer Age Management Services Limited (CAMS)

  • Ex-date: January 30, 2026
  • Record Date: January 30, 2026
  • Shut Period: January 29-30, 2026

Impact Assessment

This circular has moderate impact on SLB market participants holding positions in TCS, MCX, or CAMS securities. During the shut periods, new SLB transactions in these securities will not be permitted, requiring participants to plan their positions accordingly. The stock split in MCX will require adjustment of existing SLB positions. Dividend distributions in TCS and CAMS will affect settlement obligations for borrowed securities. Market participants should review their SLB portfolios and take necessary actions before the foreclosure dates to avoid forced closure of positions.

Impact Justification

Routine corporate actions affecting SLB securities with specific foreclosure and shut periods that impact trading and settlement activities for three major securities.