BSE (formerly Bombay Stock Exchange) | Market watch

Notice No

20190426-8

Notice Date

26 Apr 2019

Category

Corporate Actions

Segment

SLB

Subject

Corporate Action: NESTLE INDIA, TATA GLOBAL BEVERAGES, HCL TECHNOLOGIES, HEXAWARE TECHNOLOGIES, BHARTI INFRATEL, INDIABULLS HOUSING FINANCE, INDIABULLS VENTURES- 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
NESTLE INDIA LTD.	DIVIDEND	07 May, 2019	06 May, 2019	-	03 May, 2019 to 07 May, 2019
TATA GLOBAL BEVERAGES LTD.	AGM/DIVIDEND	28 May, 2019	24 May, 2019	24 May, 2019(“MCF” contracts)	23 May, 2019 to 28 May, 2019
HCL TECHNOLOGIES LTD.	DIVIDEND	17 May, 2019	16 May, 2019	-	15 May, 2019 to 17 May, 2019
HEXAWARE TECHNOGIES LTD.	DIVIDEND	08 May, 2019	07 May, 2019	-	06 May, 2019 to 08 May, 2019
BHARTI INFRATEL LTD.	DIVIDEND	08 May, 2019	07 May, 2019	-	06 May, 2019 to 08 May, 2019
INDIABULLS HOUSING FINANCE LTD.	DIVIDEND	08 May, 2019	07 May, 2019	-	06 May, 2019 to 08 May, 2019
INDIABULLS VENTURES LTD.	DIVIDEND	09 May, 2019	08 May, 2019	-	07 May, 2019 to 09 May, 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