Description

SLB securities shut period notification for dividend corporate actions across multiple companies including Zensar Technologies, Wipro, NLC India, Bank of Maharashtra, Central Bank of India, and Angel One.

Summary

BSE notifies shut periods for Securities Lending and Borrowing (SLB) in six securities undergoing dividend corporate actions. The shut periods range from January 19-20, 2026 to January 28-29, 2026, during which SLB transactions will be suspended for the respective securities.

Key Points

  • Six companies have declared dividends with corresponding SLB shut periods
  • Zensar Technologies: Ex-date and record date January 29, 2026, shut period January 28-29, 2026
  • Wipro: Ex-date and record date January 27, 2026, shut period January 23-27, 2026
  • NLC India Limited: Ex-date and record date January 20, 2026, shut period January 19-20, 2026
  • Bank of Maharashtra: Ex-date and record date January 20, 2026, shut period January 19-20, 2026
  • Central Bank of India: Ex-date and record date January 23, 2026, shut period January 22-23, 2026
  • Angel One Limited: Ex-date and record date January 21, 2026, shut period January 20-21, 2026

Regulatory Changes

No regulatory changes. This is a routine operational notification.

Compliance Requirements

  • Market participants engaged in Securities Lending and Borrowing must note the shut periods for these securities
  • No new SLB positions can be created during the specified shut periods
  • Existing positions should be managed considering the shut period restrictions

Important Dates

  • January 19-20, 2026: SLB shut period for NLC India Limited and Bank of Maharashtra
  • January 20-21, 2026: SLB shut period for Angel One Limited
  • January 22-23, 2026: SLB shut period for Central Bank of India
  • January 23-27, 2026: SLB shut period for Wipro
  • January 28-29, 2026: SLB shut period for Zensar Technologies

Impact Assessment

Minimal market impact. This circular affects only participants in the Securities Lending and Borrowing segment. The shut periods are standard procedure during corporate actions and are limited to 1-5 days per security. Regular equity trading remains unaffected. Market participants have adequate advance notice to adjust their SLB positions if needed.

Impact Justification

Routine operational circular informing about shut periods for SLB securities due to dividend corporate actions. Affects only securities lending and borrowing participants during specified shut periods.