Description

BSE notification regarding corporate actions (dividends and buyback) for 19 securities in the Securities Lending and Borrowing (SLB) segment, including shut periods and ex-dates in February 2026.

Summary

BSE has issued a circular detailing corporate actions for 19 securities in the Securities Lending and Borrowing (SLB) segment. The circular covers dividend declarations for 18 companies and one buyback announcement (Go Fashion India Limited). All corporate actions are scheduled for February 2026 with corresponding shut periods during which SLB transactions will be restricted.

Key Points

  • 18 securities announcing dividend distributions with ex-dates ranging from February 4-13, 2026
  • Go Fashion (India) Limited announcing buyback of shares with ex-date February 9, 2026
  • Shut periods specified for each security ranging from 1-4 days
  • Record dates aligned with ex-dates for all corporate actions
  • Foreclosure date specified only for Go Fashion buyback (February 9, 2026)

Corporate Actions Details

Dividend Announcements (February 4, 2026 Ex-Date)

  • Carborundum Universal Ltd. - Shut period: Feb 3-4
  • Great Eastern Shipping Co. Ltd. - Shut period: Feb 3-4
  • KPIT Technologies Ltd - Shut period: Feb 3-4
  • Coromandel International Limited - Shut period: Feb 3-4
  • Indian Energy Exchange Limited - Shut period: Feb 3-4
  • ITC Ltd - Shut period: Feb 3-4
  • Gillette India Ltd. - Shut period: Feb 3-4

Dividend Announcements (February 5, 2026 Ex-Date)

  • MOIL Limited - Shut period: Feb 4-5
  • Styrenix Performance Materials Limited - Shut period: Feb 4-5

Dividend Announcements (February 6, 2026 Ex-Date)

  • Nestle India Ltd. - Shut period: Feb 5-6
  • REC LIMITED - Shut period: Feb 5-6
  • Manappuram Finance Limited - Shut period: Feb 5-6
  • ACME Solar Holdings Limited - Shut period: Feb 5-6
  • Sharda Cropchem Limited - Shut period: Feb 5-6
  • Housing & Urban Development Corporation Ltd. - Record date: Feb 7, Shut period: Feb 5-7

Dividend Announcements (February 9, 2026 Ex-Date)

  • Container Corporation Of India Ltd. - Shut period: Feb 6-9

Buyback Announcement (February 9, 2026 Ex-Date)

  • Go Fashion (India) Limited - Foreclosure date: Feb 9, Shut period: Feb 6-9

Dividend Announcements (February 13, 2026 Ex-Date)

  • Shivalik Bimetal Controls Ltd. - Shut period: Feb 12-13
  • Route Mobile Limited - Shut period: Feb 12-13

Compliance Requirements

  • Market participants must ensure no new SLB transactions are initiated during the specified shut periods for each security
  • Existing SLB positions must be managed considering the corporate action dates and shut periods
  • Brokers and clearing members should inform clients about restrictions on securities lending/borrowing during shut periods
  • Settlement obligations must be fulfilled before the shut period commences

Important Dates

  • February 3-4, 2026: Shut period for 7 securities (Carborundum, GE Shipping, KPIT, Coromandel, IEX, ITC, Gillette)
  • February 4-5, 2026: Shut period for 2 securities (MOIL, Styrenix)
  • February 5-6, 2026: Shut period for 4 securities (Nestle, REC, Manappuram, ACME Solar, Sharda)
  • February 5-7, 2026: Shut period for HUDCO
  • February 6-9, 2026: Shut period for 2 securities (CONCOR, Go Fashion)
  • February 12-13, 2026: Shut period for 2 securities (Shivalik Bimetal, Route Mobile)

Impact Assessment

Market Impact: Medium impact on SLB market participants as 19 securities will have restricted lending/borrowing activities during specified periods. The staggered shut periods help distribute the impact across early-to-mid February 2026.

Operational Impact: Participants engaged in securities lending and borrowing need to plan their strategies around these shut periods. Existing positions may need to be squared off or adjusted before shut periods begin. The presence of major blue-chip stocks (ITC, Nestle, CONCOR) increases the operational significance for institutional participants.

Trading Impact: While regular trading continues, SLB participants cannot establish new lending/borrowing positions during shut periods, potentially affecting liquidity in the lending market for these securities.

Impact Justification

Affects multiple securities in SLB segment with specific shut periods that impact trading and lending/borrowing activities. Important for market participants engaged in securities lending.