Notice No20190327-1Notice Date27 Mar 2019
CategoryCorporate ActionsSegmentSLB
SubjectCorporate Action: BHARAT ELECTRONCS- 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



28 March, 2019

27 March, 2019


27 March, 2019 to 28 March, 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