Description
Shut period and ex-date notifications for dividend corporate actions in SLB (Securities Lending and Borrowing) securities for seven companies including SRF Ltd., Havells India Limited, and others.
Summary
BSE has notified corporate actions for seven securities available under the Securities Lending and Borrowing (SLB) scheme. All listed companies are declaring dividends with their respective record dates, ex-dates, and shut periods between January 22-27, 2026. SLB participants must note the foreclosure dates and shut periods during which SLB transactions in these securities will be restricted.
Key Points
- Seven companies have announced dividend corporate actions affecting SLB securities
- Shut periods range from 1 to 5 days depending on the security
- Ex-dates fall on either January 23 or January 27, 2026
- All corporate actions are dividend-related with specified record dates
- Foreclosure dates apply for existing SLB positions in these securities
Regulatory Changes
No regulatory changes. This is a routine notification of corporate actions affecting SLB securities.
Compliance Requirements
- SLB participants must close or settle positions before the shut period begins for each security
- No new SLB transactions permitted during the shut period for affected securities
- Participants must adhere to foreclosure requirements where applicable
- Market participants should plan their SLB strategies considering the dividend ex-dates and shut periods
Important Dates
SRF Ltd.
- Record Date: January 27, 2026
- Ex-Date: January 27, 2026
- Shut Period: January 23-27, 2026
Havells India Limited
- Record Date: January 23, 2026
- Ex-Date: January 23, 2026
- Shut Period: January 22-23, 2026
DCM Shriram Limited
- Record Date: January 24, 2026
- Ex-Date: January 23, 2026
- Shut Period: January 22-24, 2026
TIPS MUSIC LIMITED
- Record Date: January 23, 2026
- Ex-Date: January 23, 2026
- Shut Period: January 22-23, 2026
United Spirits Limited
- Record Date: January 27, 2026
- Ex-Date: January 27, 2026
- Shut Period: January 23-27, 2026
Persistent Systems Limited
- Record Date: January 27, 2026
- Ex-Date: January 27, 2026
- Shut Period: January 23-27, 2026
OBEROI REALTY LIMITED
- Record Date: January 23, 2026
- Ex-Date: January 23, 2026
- Shut Period: January 22-23, 2026
Impact Assessment
Market Impact: Medium - Affects liquidity and availability of seven securities in the SLB segment during the shut periods. Participants with existing positions must plan exits or settlements accordingly.
Operational Impact: SLB participants must monitor their positions and ensure compliance with shut period restrictions. Those holding borrowed securities or having lent securities in these names need to manage their positions before the respective shut periods commence.
Trading Impact: SLB transactions in these securities will not be permitted during the specified shut periods, potentially affecting hedging and arbitrage strategies that rely on securities lending.
Impact Justification
Affects SLB participants for seven securities with upcoming dividend corporate actions, requiring awareness of shut periods and foreclosure requirements