Description
BSE announces shut periods for Securities Lending and Borrowing (SLB) transactions due to dividend corporate actions for 17 companies between January 29 and February 20, 2026.
Summary
BSE has announced shut periods for Securities Lending and Borrowing (SLB) transactions for 17 securities due to dividend corporate actions. During these shut periods, SLB transactions will be suspended for the affected securities. The shut periods range from January 28, 2026 to February 20, 2026, coinciding with the book closure or record dates for dividend distributions.
Key Points
- 17 companies have declared dividends with corresponding SLB shut periods
- Shut periods typically span 1-3 days around the ex-date and record date
- SLB transactions will be foreclosed during the specified shut periods
- Ex-dates range from January 29, 2026 to February 20, 2026
- All corporate actions are dividend-related
Regulatory Changes
No regulatory changes. This is a routine notification of SLB shut periods in accordance with existing corporate action procedures.
Compliance Requirements
- Market participants must not initiate new SLB transactions in the affected securities during the shut periods
- Existing SLB positions should be managed considering the upcoming shut periods
- Lenders and borrowers must be aware of the foreclosure dates to avoid settlement issues
Important Dates
Zensar Technologies Ltd.
- Ex Date: January 29, 2026
- Record Date: January 29, 2026
- Shut Period: January 28-29, 2026
Godrej Consumer Products Ltd., Kirloskar Pneumatic Co.Ltd., Sona BLW Precision Forgings Limited
- Ex Date: January 30, 2026
- Record Date: January 30, 2026
- Shut Period: January 29-30, 2026
CG Power and Industrial Solutions Limited, Motilal Oswal Financial Services Limited, COFORGE LIMITED
- Ex Date: January 30, 2026
- Record Date: January 31, 2026
- Shut Period: January 29-31, 2026
Bharat Petroleum Corpn. Ltd., Siyaram Silk Mills Ltd., Share India Securities Limited, Metro Brands Limited
- Ex Date: February 2, 2026
- Record Date: February 2, 2026
- Shut Period: February 1-2, 2026
Gail (India) Ltd.
- Ex Date: February 5, 2026
- Record Date: February 5, 2026
- Shut Period: February 4-5, 2026
POWER GRID CORPORATION OF INDIA LIMITED
- Ex Date: February 9, 2026
- Record Date: February 9, 2026
- Shut Period: February 6-9, 2026
Apollo Tyres Ltd.
- Ex Date: February 10, 2026
- Record Date: February 10, 2026
- Shut Period: February 9-10, 2026
Repco Home Finance Limited
- Ex Date: February 12, 2026
- Record Date: February 12, 2026
- Shut Period: February 11-12, 2026
M.R.F. Ltd.
- Ex Date: February 13, 2026
- Record Date: February 13, 2026
- Shut Period: February 12-13, 2026
Indian Railway Catering & Tourism Corporation Ltd
- Ex Date: February 20, 2026
- Record Date: February 20, 2026
- Shut Period: February 19-20, 2026
Impact Assessment
Market Impact: Medium impact on the Securities Lending and Borrowing market. Institutional investors and market makers who rely on SLB mechanisms for short-term liquidity or hedging strategies will need to plan around these shut periods.
Operational Impact: SLB participants must adjust their lending and borrowing strategies for these 17 securities during the specified periods. This may temporarily reduce liquidity in the SLB market for these stocks.
Investor Impact: Primarily affects institutional investors, hedge funds, and proprietary trading desks that actively participate in securities lending programs. Retail investors are generally not impacted unless they participate in SLB schemes.
Impact Justification
Affects SLB market participants for 17 securities with temporary trading restrictions during dividend record dates. Important for institutional investors and traders involved in securities lending operations.