Description

BSE announces corporate actions for SLB securities including dividends for TCS and CAMS, and stock split for MCX with respective record dates and shut periods.

Summary

BSE has announced corporate actions for securities under the Securities Lending and Borrowing (SLB) mechanism. The circular covers three major corporate actions: dividends for Tata Consultancy Services Limited and Computer Age Management Services Limited, and a stock split for Multi Commodity Exchange of India Limited. Each action has specific record dates, ex-dates, and shut periods during which SLB transactions will be restricted.

Key Points

  • Three companies have announced corporate actions affecting their SLB securities
  • TCS dividend with record date of January 17, 2026
  • MCX stock split effective from January 2, 2026
  • CAMS dividend with record date of January 30, 2026
  • Shut periods specified for each corporate action to manage SLB positions

Corporate Actions Details

Tata Consultancy Services Ltd. (TCS)

  • Action Type: Dividend
  • Record Date: January 17, 2026
  • Ex-Date: January 16, 2026
  • Shut Period: January 15, 2026 to January 17, 2026

Multi Commodity Exchange of India Ltd (MCX)

  • Action Type: Stock Split
  • Record Date: January 2, 2026
  • Ex-Date: January 2, 2026
  • Shut Period: January 1, 2026 to January 2, 2026

Computer Age Management Services Limited (CAMS)

  • Action Type: Dividend
  • Record Date: January 30, 2026
  • Ex-Date: January 30, 2026
  • Shut Period: January 29, 2026 to January 30, 2026

Compliance Requirements

  • Market participants must note the shut periods for SLB transactions in the affected securities
  • SLB positions must be managed considering the foreclosure dates and shut periods
  • Participants should adjust their lending and borrowing strategies around the corporate action dates

Important Dates

  • January 1-2, 2026: MCX stock split shut period
  • January 15-17, 2026: TCS dividend shut period
  • January 29-30, 2026: CAMS dividend shut period

Impact Assessment

The corporate actions will temporarily restrict SLB activities in the affected securities during their respective shut periods. Participants engaged in securities lending and borrowing of TCS, MCX, and CAMS securities should plan their positions accordingly. The stock split for MCX will require adjustment of SLB contracts, while dividend actions for TCS and CAMS will affect the valuation of borrowed securities during the shut periods.

Impact Justification

Routine corporate actions affecting SLB securities for three companies with specific dates for dividend distribution and stock split