| Corporate Action: SIEMENS, NMDC, SHREE CEMENT, MANAGAR GAS, DELTA CORP, TORRENT, PHARMACEUTICALS, INFOSYS- SLB |
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
|
|
SIEMENS LTD.
|
AGM/DIVIDEND
|
30 January, 2019
|
28 January, 2019
|
28 January, 2019 (only “MCF” contracts)
|
25 January, 2019 to 30 January, 2019
|
|
NMDC LTD.
|
BUY BACK OF SHARES
|
18 January, 2019
|
17 January, 2019
|
17 January, 2019 (“MCF” and “MNF” contracts)
|
16 January, 2019 to 18 January, 2019
|
|
SHREE CEMENT LTD.
|
DIVIDEND
|
30 January, 2019
|
29 January, 2019
|
-
|
28 January, 2019 to 30 January, 2019
|
|
MAHANAGAR GAS LTD.
|
DIVIDEND
|
08 February, 2019
|
07 February, 2019
|
-
|
06 February, 2019 to 08 February, 2019
|
|
DELTA CORP LTD.
|
DIVIDEND
|
21 January, 2019
|
18 January, 2019
|
-
|
17 January, 2019 to 21 January, 2019
|
|
TORRENT PHARMACEUTICALS LTD.
|
DIVIDEND
|
07 February, 2019
|
06 February, 2019
|
-
|
05 February, 2019 to 07 February, 2019
|
|
INFOSYS LTD.
|
DIVIDEND
|
25 January, 2019
|
24 January, 2019
|
-
|
23 January, 2019 to 25 January, 2019
|
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
Manager - Trading Operations |