Corporate Action COLGATE-PALMOLIVE (INDIA), KARNATAKA BANK, INDO COUNT INDUSTRIES, HCL TECHNOLOGIES –SLB |
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:
Security Name
|
Type of Corporate Action
|
Book Closure/Record Date
|
Ex Date
|
Foreclosure Date
|
Shut Period
|
COLGATE- PALMOLIVE (INDIA) LTD.
|
DIVIDEND
|
09 November, 2016
|
8 November, 2016
|
-
|
-
|
KARNATAKA BANK LTD.
|
RIGHT SHARES
|
25 October, 2016
|
24 October, 2016
|
20 October, 2016
|
19 October, 2016 to 25 October, 2016
|
INDO COUNT INDUSTRIES LTD.
|
STOCK SPLIT
|
15 November, 2016
|
11 November, 2016
|
-
|
-
|
HCL TECHNOLOGIES LTD.
|
DIVIDEND
|
29 October, 2016
|
27 October, 2016
|
-
|
-
|
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 |