Description

NSE revises record dates and ex-dates for 30 corporate actions from September 9 to September 8, 2025 due to settlement holiday changes.

Summary

NSE has revised the record dates and ex-dates for 30 corporate actions due to changes in settlement holidays. The record dates have been moved from September 9, 2025 to September 8, 2025, with corresponding adjustment of ex-dates to September 8, 2025.

Key Points

  • 30 corporate actions affected across various companies
  • Record dates revised from September 9 to September 8, 2025
  • Ex-dates correspondingly adjusted to September 8, 2025
  • Includes both dividend payments and interest payments
  • Affects equity shares and debt instruments

Regulatory Changes

No new regulatory framework changes - this is an operational adjustment to existing corporate action schedules due to settlement holiday modifications.

Compliance Requirements

  • Market participants must update their systems with revised dates
  • Investors should note the changed ex-dates for dividend/interest entitlement
  • Settlement processes must align with revised schedule

Important Dates

  • Circular Date: September 6, 2025
  • Revised Record Date: September 8, 2025 (previously September 9, 2025)
  • Revised Ex-Date: September 8, 2025

Impact Assessment

Market Impact: Medium - affects trading and settlement for 30 corporate actions across multiple sectors including banking (RBL Bank), steel (SAIL), fertilizers (GSFC), and tourism (ITDC).

Operational Impact: Immediate system updates required for brokers, custodians, and market infrastructure providers to reflect revised dates.

Investor Impact: Shareholders planning to purchase shares for dividend/interest entitlement must complete transactions by September 6, 2025 instead of September 8, 2025.

Impact Justification

Affects 30 corporate actions across multiple companies with immediate timeline changes