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NOTICES
Notice No.   20181022-11   Notice Date   22 Oct 2018
Category   Corporate Actions   Segment   SLB
Subject   Corporate Action: SHRIRAM TRANSPORT FINANCE COMPANY, MOTHERSON SUMI SYSTEMS-SLB
 
Content

In pursuance of SEBI guidelines for appropriate adjustments for corporate actions vide their circular No. SEBI circular CIR/MRD/DP/122/2017 dated November 17, 2017, Exchange Notice No.20171221-20 dated December 21, 2017 and ICCL Notice No.20171117-40 dated November 17 2017, 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:

Security Name

Type of Corporate action

Book Closure/Record date

Ex Date

Foreclosure Date

Shut Period

SHRIRAM TRANSPORT FINANCE CO. LTD.

DIVIDEND

06 November

05 November, 2018

-

02 November, 2018 to 06 November, 2018

MOTHERSON SUMI SYSTEMS LTD.

BONUS ISSUE

31 October, 2018

30 October, 2018

30 October,  2018 (“MCF” and “MNF” contracts)

29 October, 2018 to 31 October, 2018 (“MCF” and “MNF” contracts)

 

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