In pursuance of SEBI guidelines for appropriate adjustments for corporate actions vide their circular nos. SEBI circular CIR/MRD/DP/33/2010 dated October 07, 2010 and MRD/DoP/SE/Cir-31/2008 dated October 31 2008, the members of the SLB segment Kindly take the note of the same:
In view of a corporate action in the below securities there shall be a foreclosure of transactions. The foreclosure schedule is as under:
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Security Name
|
Type of Corporate action
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Book Closure/Record date
|
Ex Date
|
Foreclosure Date
|
Shut Period
|
|
KARNATAKA BANK LTD.
|
AGM/DIVIDEND
|
10 July, 2017
|
06 July, 2017
|
04 July, 2017
|
03 July, 2017 to 10 July, 2017
|
|
COLGATE-PALMOLIVE (INDIA) LTD.
|
AGM
|
28 July, 2017
|
26 July, 2017
|
24 July, 2017
|
21 July, 2017 to 28 July, 2017
|
|
RAYMOND LTD.
|
AGM/DIVIDEND
|
27 May, 2017
|
25 May, 2017
|
23 May, 2017
|
22 May, 2017 to 27 May, 2017
|
|
CAN FIN HOMES LTD.
|
AGM/DIVIDEND
|
16 June, 2017
|
14 June, 2017
|
12 June, 2017
|
09 June, 2017 to 16 June, 2017
|
|
TATA STEEL LTD.
|
AGM/DIVIDEND
|
22 July, 2017
|
20 July, 2017
|
18 July, 2017
|
17 July, 2017 to 22 July, 2017
|
|
HAVELLS INDIA LTD.
|
AGM/DIVIDEND
|
23 June, 2017
|
21 June, 2017
|
19 June, 2017
|
16 June, 2017 to 23 June, 2017
|
|
SINTEX INDUSTRIES LTD.
|
SPIN OFF
|
26 May, 2017
|
25 May, 2017
|
23 May, 2017
|
22 May, 2017 to 26 May, 2017
|
In case of foreclosure, lending fees for all open positions will be adjusted on a pro-rata basis. However, there will be no adjustment of lending fee on any transactions that are executed post the corporate action is announced and the market participants have been notified. Market participants should accordingly quote lending fee for a shorter transaction cycle.
All open positions in the above mentioned security shall be foreclosed on the foreclosure date (The reverse leg settlement will happen on the foreclosure date of the security)
For & on behalf of BSE Ltd,
Piyush Shelat
Associate Manager - Trading Operations
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