Description
BSE announces shut periods and record dates for dividend corporate actions across 17 securities in the Securities Lending and Borrowing (SLB) segment.
Summary
BSE has issued a circular detailing corporate action schedules for 17 securities in the Securities Lending and Borrowing (SLB) segment. All listed companies are declaring dividends with specified shut periods during which SLB positions will be restricted. The shut periods range from January 28, 2026 to February 20, 2026, with ex-dates and record dates varying by company.
Key Points
- 17 companies have declared dividend corporate actions affecting SLB operations
- Shut periods range from 1 to 4 days depending on the security
- Ex-dates span from January 29, 2026 to February 20, 2026
- All corporate actions are dividend-related
- SLB participants must close or adjust positions before shut period commencement
Regulatory Changes
No regulatory changes. This is a routine notification of corporate actions affecting SLB segment operations.
Compliance Requirements
- SLB market participants must ensure positions in affected securities are closed or adjusted before respective shut periods
- Lenders and borrowers must account for dividend entitlements during shut periods
- Trading members should inform clients about shut period restrictions
Important Dates
Zensar Technologies Ltd.
- Ex-Date: January 29, 2026
- Record Date: January 29, 2026
- Shut Period: January 28-29, 2026
CG Power, Godrej Consumer, Kirloskar Pneumatic, Sona BLW, COFORGE, Motilal Oswal:
- Ex-Date: January 30, 2026
- Shut Period: January 29-30/31, 2026
Bharat Petroleum, Siyaram Silk Mills, Share India, Metro Brands:
- Ex-Date: February 2, 2026
- Record Date: February 2, 2026
- Shut Period: February 1-2, 2026
Gail (India) Ltd.
- Ex-Date: February 5, 2026
- Shut Period: February 4-5, 2026
Apollo Tyres, Power Grid:
- Ex-Date: February 9-10, 2026
- Shut Periods: February 6-9 and February 9-10, 2026
Repco Home Finance:
- Ex-Date: February 12, 2026
- Shut Period: February 11-12, 2026
M.R.F. Ltd.
- Ex-Date: February 13, 2026
- Shut Period: February 12-13, 2026
IRCTC:
- Ex-Date: February 20, 2026
- Shut Period: February 19-20, 2026
Impact Assessment
Market Impact: Medium - Affects liquidity in SLB segment for 17 securities during respective shut periods. Participants with open positions must plan exits or rollovers.
Operational Impact: SLB participants must monitor multiple shut periods across different securities, requiring careful position management and dividend adjustment calculations.
Investor Impact: Borrowers of these securities during shut periods will not be able to establish new positions, and existing positions may require settlement before shut period commencement.
Impact Justification
Affects SLB operations for 17 securities with shut periods ranging from January 28 to February 20, 2026. Important for market participants engaged in securities lending and borrowing activities.