Description

BSE announces shut periods for Securities Lending and Borrowing (SLB) due to dividend corporate actions across six companies including Zensar Technologies, Wipro, NLC India, Bank of Maharashtra, Central Bank of India, and Angel One.

Summary

BSE has announced corporate actions (dividends) affecting Securities Lending and Borrowing (SLB) for six companies. Trading participants must note the shut periods when SLB activities will be suspended for these securities due to dividend record dates and ex-dates.

Key Points

  • Six companies announcing dividend corporate actions with SLB implications
  • Shut periods range from 1-2 days depending on the security
  • Ex-dates and record dates aligned for all securities
  • No foreclosure dates specified for any of the securities

Corporate Actions Details

Zensar Technologies Ltd.

  • Corporate Action: Dividend
  • Record Date: 29-January-2026
  • Ex-Date: 29-January-2026
  • Shut Period: 28-Jan-2026 to 29-Jan-2026

Wipro Ltd.

  • Corporate Action: Dividend
  • Record Date: 27-January-2026
  • Ex-Date: 27-January-2026
  • Shut Period: 23-Jan-2026 to 27-Jan-2026

NLC India Limited

  • Corporate Action: Dividend
  • Record Date: 20-January-2026
  • Ex-Date: 20-January-2026
  • Shut Period: 19-Jan-2026 to 20-Jan-2026

Bank of Maharashtra

  • Corporate Action: Dividend
  • Record Date: 20-January-2026
  • Ex-Date: 20-January-2026
  • Shut Period: 19-Jan-2026 to 20-Jan-2026

Central Bank of India

  • Corporate Action: Dividend
  • Record Date: 23-January-2026
  • Ex-Date: 23-January-2026
  • Shut Period: 22-Jan-2026 to 23-Jan-2026

Angel One Limited

  • Corporate Action: Dividend
  • Record Date: 21-January-2026
  • Ex-Date: 21-January-2026
  • Shut Period: 20-Jan-2026 to 21-Jan-2026

Compliance Requirements

  • SLB market participants must close or manage positions before the shut period begins for each security
  • No new SLB transactions will be permitted during the shut periods
  • Existing SLB positions should be squared off or rolled over before shut period commencement

Important Dates

  • 20-January-2026: NLC India and Bank of Maharashtra ex-date and record date (shut period: 19-20 Jan)
  • 21-January-2026: Angel One ex-date and record date (shut period: 20-21 Jan)
  • 23-January-2026: Central Bank of India ex-date and record date (shut period: 22-23 Jan)
  • 27-January-2026: Wipro ex-date and record date (shut period: 23-27 Jan)
  • 29-January-2026: Zensar Technologies ex-date and record date (shut period: 28-29 Jan)

Impact Assessment

This circular has moderate impact on SLB market participants who have positions in the affected securities. Traders must plan their lending and borrowing activities around these shut periods to avoid operational issues. The staggered dates provide opportunity to manage positions across different securities without simultaneous shut periods.

Impact Justification

Impacts SLB market participants for six stocks with specific shut periods for dividend corporate actions. Important for traders engaged in securities lending and borrowing activities to manage positions before shut periods.