Description

BSE notification regarding dividend corporate actions and shut periods for 17 securities in the Securities Lending and Borrowing (SLB) segment for January-February 2026.

Summary

BSE has issued a notification regarding corporate actions in the Securities Lending and Borrowing (SLB) segment. The circular announces dividend declarations for 17 securities with their respective record dates, ex-dates, and shut periods scheduled between January 29, 2026 and February 20, 2026. During the shut periods, these securities will not be available for lending and borrowing activities.

Key Points

  • 17 companies have declared dividends affecting their securities in the SLB segment
  • Shut periods range from 1 to 3 days depending on the security
  • Earliest ex-date is January 29, 2026 (Zensar Technologies)
  • Latest ex-date is February 20, 2026 (IRCTC)
  • All corporate actions are dividend-related
  • Securities will be unavailable for lending/borrowing during specified shut periods

Regulatory Changes

No new regulatory changes introduced. This is a routine notification of corporate actions affecting SLB operations.

Compliance Requirements

  • Market participants must note the shut periods when these securities cannot be lent or borrowed
  • SLB transactions must be planned considering the foreclosure dates and shut periods
  • Participants should ensure no lending/borrowing positions are initiated during the shut periods for affected securities

Important Dates

January 2026:

  • January 29, 2026: Ex-date for Zensar Technologies (Shut: Jan 28-29)
  • January 30, 2026: Ex-date for CG Power, Godrej Consumer Products, Motilal Oswal Financial Services, Kirloskar Pneumatic, Sona BLW, COFORGE (various shut periods Jan 29-31)
  • January 31, 2026: Record date for Motilal Oswal Financial Services and COFORGE

February 2026:

  • February 2, 2026: Ex-date and Record date for Bharat Petroleum, Siyaram Silk Mills, Share India Securities, Metro Brands (Shut: Feb 1-2)
  • February 5, 2026: Ex-date and Record date for GAIL (Shut: Feb 4-5)
  • February 9, 2026: Ex-date and Record date for Power Grid Corporation (Shut: Feb 6-9)
  • February 10, 2026: Ex-date and Record date for Apollo Tyres (Shut: Feb 9-10)
  • February 12, 2026: Ex-date and Record date for Repco Home Finance (Shut: Feb 11-12)
  • February 13, 2026: Ex-date and Record date for MRF (Shut: Feb 12-13)
  • February 20, 2026: Ex-date and Record date for IRCTC (Shut: Feb 19-20)

Impact Assessment

Market Impact: Medium - affects liquidity in the SLB segment for 17 securities during their respective shut periods. Market participants engaged in securities lending and borrowing activities need to plan their positions accordingly.

Operational Impact: SLB participants must adjust their lending/borrowing strategies to account for the unavailability of these securities during shut periods. This may temporarily affect liquidity and borrowing costs for these specific securities.

Investor Impact: Investors holding positions in these securities through SLB arrangements need to be aware of the restrictions during shut periods. Dividend eligibility will be determined based on the record dates specified.

Impact Justification

Affects trading operations in SLB segment for 17 securities with specific shut periods for dividend corporate actions. Important for participants in securities lending and borrowing activities.