Description

BSE notification regarding dividend corporate actions and shut periods for securities available in the Securities Lending and Borrowing (SLB) segment.

Summary

BSE has announced corporate actions for seven securities in the Securities Lending and Borrowing (SLB) segment. All listed corporate actions are dividend-related with corresponding shut periods during which SLB activities will be restricted.

Key Points

  • Seven companies have declared dividends with upcoming ex-dates and record dates
  • SLB shut periods will be enforced for all securities during their respective corporate action periods
  • All corporate actions are dividend distributions
  • Ex-dates range from January 23-27, 2026
  • Record dates range from January 23-27, 2026

Important Dates

SRF Ltd.

  • Ex Date: January 27, 2026
  • Record Date: January 27, 2026
  • Shut Period: January 23-27, 2026

Havells India Limited

  • Ex Date: January 23, 2026
  • Record Date: January 23, 2026
  • Shut Period: January 22-23, 2026

DCM Shriram Limited

  • Ex Date: January 23, 2026
  • Record Date: January 24, 2026
  • Shut Period: January 22-24, 2026

TIPS Music Limited

  • Ex Date: January 23, 2026
  • Record Date: January 23, 2026
  • Shut Period: January 22-23, 2026

United Spirits Limited

  • Ex Date: January 27, 2026
  • Record Date: January 27, 2026
  • Shut Period: January 23-27, 2026

Persistent Systems Limited

  • Ex Date: January 27, 2026
  • Record Date: January 27, 2026
  • Shut Period: January 23-27, 2026

Oberoi Realty Limited

  • Ex Date: January 23, 2026
  • Record Date: January 23, 2026
  • Shut Period: January 22-23, 2026

Compliance Requirements

  • Market participants engaged in SLB transactions must observe the shut periods for affected securities
  • No new SLB positions should be initiated during the shut periods
  • Existing SLB positions may be subject to restrictions during corporate action periods

Impact Assessment

Market Impact: Medium - affects liquidity in the SLB segment for seven actively traded securities during the specified shut periods.

Operational Impact: SLB participants need to adjust their lending and borrowing strategies around the dividend record dates and shut periods. The restrictions are temporary and limited to specific date ranges for each security.

Impact Justification

Impacts SLB trading for multiple securities during dividend record dates and shut periods; relevant for market participants engaged in securities lending and borrowing activities.