Description

BSE announces shut periods for Securities Lending and Borrowing (SLB) due to dividend corporate actions across 22 companies with record dates between February 11-18, 2026.

Summary

BSE has announced shut periods for Securities Lending and Borrowing (SLB) operations across 22 securities due to dividend corporate actions. The shut periods range from February 10-18, 2026, with corresponding record dates and ex-dates. During these shut periods, SLB transactions will be restricted for the affected securities.

Key Points

  • 22 companies have declared dividends with record dates between February 11-18, 2026
  • SLB shut periods implemented one day before record date through the record date itself
  • Ex-dates align with record dates for all listed securities
  • No foreclosure dates specified for any of the securities
  • Shut periods vary by company based on individual record dates

Regulatory Changes

No regulatory changes introduced. This is a routine operational notification regarding SLB restrictions during corporate actions.

Compliance Requirements

  • SLB participants must cease lending/borrowing activities for affected securities during specified shut periods
  • Market participants should plan their SLB strategies accounting for these restrictions
  • No new positions in SLB can be initiated during shut periods for these securities

Important Dates

February 10-11, 2026: Page Industries Ltd (Shut Period)

  • Record/Ex Date: February 11, 2026

February 11-12, 2026: Procter & Gamble Health, SUN TV Network, Star Cement, Goldiam International, Gateway Distriparks (Shut Period)

  • Record/Ex Date: February 12, 2026

February 12-13, 2026: BEML, M.R.F., Dynamatic Technologies, HBL Engineering, NRB Bearings, Sonata Software, Suprajit Engineering, K.P.R. Mill, Gulf Oil Lubricants, S H Kelkar, Mahanagar Gas, BLS International (Shut Period)

  • Record/Ex Date: February 13, 2026

February 13-16, 2026: Aarti Pharmalabs (Shut Period)

  • Record/Ex Date: February 16, 2026

February 16-17, 2026: Shipping Corporation Of India, International Gemmological Institute India (Shut Period)

  • Record/Ex Date: February 17, 2026

February 17-18, 2026: Oil And Natural Gas Corporation (Shut Period)

  • Record/Ex Date: February 18, 2026

Impact Assessment

Market Impact: Medium - affects liquidity in SLB segment for 22 securities across multiple sectors including oil & gas, FMCG, automobiles, media, cement, and pharmaceuticals.

Operational Impact: Participants in securities lending and borrowing must adjust their positions ahead of shut periods. Short sellers using SLB mechanism need to account for restricted borrowing windows.

Sectoral Spread: Diverse sector representation minimizes concentrated impact on any single industry segment.

Impact Justification

Affects SLB operations for 22 securities with defined shut periods. Important for participants in securities lending/borrowing but routine corporate action notification.