Description

BSE/ICCL notice informing trading members of corporate actions applicable to securities in the Securities Lending and Borrowing (SLB) segment. Members are directed to refer to the attached annexure for details.

Summary

ICCL Ltd. has issued Notice No. 20260413-15 dated 13 April 2026 informing trading members about corporate actions applicable to securities in the Securities Lending and Borrowing (SLB) segment. The specifics of the affected securities and the nature of the corporate actions are provided in the attached annexure.

Key Points

  • Notice issued by ICCL Ltd. (Indian Clearing Corporation Limited), the clearing corporation of BSE.
  • Pertains to corporate actions affecting securities in the SLB segment.
  • Trading members are directed to refer to the annexure for the full list of impacted securities and action details.
  • Issued by Tushar Nimkar, Assistant Manager, ICCL Ltd.

Regulatory Changes

No new regulatory changes are introduced. This is an operational notice communicating the impact of corporate actions (such as dividends, bonuses, splits, or rights) on existing SLB positions.

Compliance Requirements

  • Trading members participating in the SLB segment must review the attached annexure to identify securities in their SLB portfolios that are subject to corporate actions.
  • Members should take appropriate action with respect to open SLB positions in the affected securities as per existing ICCL/BSE guidelines on corporate action adjustments.

Important Dates

  • Notice Date: 13 April 2026
  • Specific ex-dates or record dates for the corporate actions are listed in the annexure (not reproduced in the notice text).

Impact Assessment

This notice has a moderate operational impact on trading members active in the SLB segment. Corporate actions on SLB securities typically require adjustments to open lending/borrowing positions, collateral, and lending fees. Members with open positions in the affected securities must act promptly to ensure compliance with adjustment requirements. The impact is limited to SLB segment participants and does not affect the broader cash or derivatives markets directly.

Impact Justification

Routine corporate action notification for the SLB segment; details are in the annexure. Affects trading members active in the SLB segment but does not signal any market-wide disruption.