InvestorQ : How are corporate actions adjusted in the case of SLBS transactions?
Nisha Chandani made post

How are corporate actions adjusted in the case of SLBS transactions?

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Arti Chavan answered.
2 years ago
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All transactions in case of corporate actions other than dividend and Stock split will be foreclosed on the ex-date.

In case of only AGM/EGM, depending upon the series of contracts, foreclosure shall be applicable.

In case of dividend, the dividend amount will be collected from the borrower by NSE Clearing and will be paid to the lender.

In case of stock split, the position of the borrower would be proportionately adjusted and the lender will receive the revised quantity on the reverse leg settlement date.

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