Description

BSE circular detailing corporate actions (bonus issue and dividends) for three securities with respective shut periods and ex-dates.

Summary

BSE has announced corporate actions affecting Securities Lending and Borrowing (SLB) for three companies. Authum Investment & Infrastructure Limited will implement a bonus issue, while Godrej Consumer Products Ltd. and Angel One Limited will distribute dividends. Each action has specific book closure/record dates, ex-dates, foreclosure dates, and shut periods that impact SLB trading.

Key Points

  • Three securities are subject to corporate actions impacting SLB operations
  • Authum Investment & Infrastructure Limited: Bonus issue with foreclosure on 13-Jan-2026
  • Godrej Consumer Products Ltd.: Dividend with no foreclosure date specified
  • Angel One Limited: Dividend with no foreclosure date specified
  • All actions include shut periods during which SLB activities will be restricted

Regulatory Changes

No regulatory framework changes. This is a routine notification of corporate actions affecting SLB trading as per existing BSE guidelines.

Compliance Requirements

  • Market participants engaged in SLB transactions must note the shut periods for affected securities
  • SLB positions must be squared off or managed before foreclosure dates where applicable
  • Trading members should inform their clients about restrictions during shut periods
  • No new SLB contracts can be created during the specified shut periods

Important Dates

Authum Investment & Infrastructure Limited (Bonus Issue)

  • Book Closure/Record Date: 13-January-2026
  • Ex Date: 13-January-2026
  • Foreclosure Date: 13-Jan-2026
  • Shut Period: 12-Jan-2026 to 13-Jan-2026

Godrej Consumer Products Ltd. (Dividend)

  • Book Closure/Record Date: 30-January-2026
  • Ex Date: 30-January-2026
  • Foreclosure Date: Not applicable
  • Shut Period: 29-Jan-2026 to 30-Jan-2026

Angel One Limited (Dividend)

  • Book Closure/Record Date: 21-January-2026
  • Ex Date: 21-January-2026
  • Foreclosure Date: Not applicable
  • Shut Period: 20-Jan-2026 to 21-Jan-2026

Impact Assessment

Market Impact: Medium - affects liquidity in SLB segment for three securities during specified periods. Participants with open positions need to plan accordingly.

Operational Impact: Traders and brokers involved in securities lending and borrowing must ensure compliance with shut periods. Failure to close or roll over positions before foreclosure dates (where applicable) may result in forced closure or penalties.

Investor Impact: Investors holding SLB positions in these securities should coordinate with their brokers to manage positions before the shut periods commence to avoid disruptions.

Impact Justification

Affects SLB trading for three securities with specific shut periods; requires traders to be aware of foreclosure dates to avoid disruptions in lending/borrowing activities