Summary: The Bombay Stock Exchange (BSE), through Notice No. 20260824-16 dated August 24, 2026, has issued Frequently Asked Questions (FAQs) on intimation of Record Date for Corporate Actions for guidance and compliance by listed entities. The FAQs clarify the filing requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, particularly Regulations 42 and 60(2).
The BSE states that all listed entities may fix a Record Date for corporate actions covered by Regulation 42(1). InvITs and REITs are required to disclose their Record Date under the applicable SEBI Regulations at least two working days before the Record Date, excluding the date of intimation and the Record Date.
For equity-listed scrips, Record Date intimations under Regulation 42 must be submitted through the specified BSE Listing Centre path, while debt-listed scrips covered by Regulation 60(2) have a separate prescribed filing path. BSE specifically clarifies that submissions made through any other path will not be taken on record.
A significant clarification concerns the terminology to be used in Record Date filings. The Exchange will recognise only the Record Date. A cut-off date or book closure date specified by a company will not be recognised. The FAQ further states that merely selecting the Record Date option in the announcement tab or uploading a PDF without expressly stating “Record Date” will not constitute compliance with Regulation 42. Such submissions may not be taken on record and applicable fines may be levied.
BSE also clarifies that fixing a Record Date for an AGM or EGM is not mandatory because such meetings are not considered Corporate Actions by the Exchange. This position was earlier addressed in BSE Notice No. 20250207-33 dated 07 February 2025.
Where a Record Date is revised or cancelled, the company must submit the original and revised/cancellation intimations in PDF through the prescribed BSE Listing Centre route at least two working days before the previously intimated Record Date. The FAQ also clarifies that, under Regulation 42(2), the minimum three-working-day gap applies after board or shareholder approval, as applicable, for the relevant corporate action. The related regulatory amendment is the SEBI (LODR) (Third Amendment) Regulations, 2024 dated December 12, 2024.
For capital reduction, schemes, restructuring, amalgamation, merger, demerger, reorganisation and similar corporate actions, the FAQ requires advance notice of at least seven working days, excluding the date of intimation and the Record Date. It specifically covers arrangements approved by the NCLT or Central Government under the Companies Act, 2013, as well as matters under the Insolvency and Bankruptcy Code, 2016.
Finally, BSE states that Record Date intimation should generally be made after the relevant approval or event necessary to facilitate the corporate action, including Board approval, shareholder/NCLT/Central Government approval, filing of INC-28 with the ROC, SEBI or Exchange approval, or a Public Announcement, as applicable. Queries relating to Record Date filings are to be addressed to BSE’s Listing team at [email protected].
BSE
The Power of Vibrance
Notice
Notice No. 20260824-16
Notice Date: 24 Aug 2026
Category: Circulars Listed Companies
Segment: General
Department: Listing Operations
Subject: Frequently Asked Questions (FAQs) on Record Date for Corporate Actions
Attachments: FAQ Record Date Corporate Action
To, All Listed Entities,
Sub: Frequently Asked Questions (FAQs) on intimation of Record Date for Corporate Actions
With reference to the intimation of Record Date for Corporate Actions, please find annexed the Frequently Asked Questions (FAQs) for your reference and guidance purpose. All the listed entities are requested to take note of the same and comply accordingly.
Marian Dsouza
Assistant Vice President
Listing Compliance and Operations
Frequently Asked Questions (FAQs) on Record Date for Corporate Actions
1. Which entities are eligible for setting up of Record Date for Corporate Action?
Ans. All listed entities may fix a Record Date for the Corporate Actions as specified iRegulation 42(1) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. For InvITs and REITs, the Record Date is required to be disclosed under the applicable SEBI Regulations at least two working days prior to the Record Date, excluding the date of intimation and the Record Date
2. Where should the intimation of Record Date be filed on the Listing centre Platform?
Ans. The intimation of Record Date must be submitted on the BSE Listing Portal through the following Path:
For Reg 42 (Equity listed Scrips)
Listing Centre > Listing COMPLIANCE > Corporate Announcements >Corporate Actions> Submission
For Reg 60 (2) (Debt Listed Scrips)
Listing Centre > Listing COMPLIANCE > Corporate Announcements > Compliances > Reg 60(2) > Submission
Note: Any submission made through a path other than one stated above shall not be taken on record.
3. As per the new amendment, is it mandatory to specify a Cutoff date or Book Closure date for a Corporate Action?
Ans. No. The Exchange will consider only the Record Date for a Corporate Action. Any Cut-off date or Book Closure date specified by the Company will not be recognised.
Note: Selecting only the ‘Record Date’ radio button in the announcement tab or uploading a PDF without expressly stating ‘Record Date’ shall not constitute compliance with Regulation 42 of the SEBI (LODR) Regulations, 2015Any reference to ‘cut-off date’ or ‘book closure date’ in lieu of “Record Date” will not be recognised. Such submissions will not be taken on record, and applicable fine may be levied.
4. Whether the Company is required to set the record date for the purpose of meeting (AGM/EGM)?
Ans. No, fixing a Record for the purpose of an AGM or EGM is not mandatory, such meeting is not considered a Corporate Action by the Exchange.
Please refer notice issued by the Exchange:
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?pa ge=20250207-33
5. If there are any changes in Record date, where can companies intimate the same?
Ans. The Company may revise or cancel the Record Date in the system by submitting the same through the following path on the BSE Listing Centre Portal, provided such submission is made at least two working days prior to the previously intimated Record Date and original and Revised Record date intimation should be in PDF.
For Reg 42 (Equity listed Scrips)
Listing Centre > Listing COMPLIANCE > Corporate Announcements >Corporate Actions> Submission
For Reg 60 (2) (Debt Listed Scrips)
Listing Centre > Listing COMPLIANCE > Corporate Announcements > Compliances > Reg 60(2) > Submission
Any revised intimation or cancellation submitted through any other path or after the prescribed timeline shall not be taken on record. The revision must also comply with Regulation 42 and Regulation 60 (2) of the SEBI (LODR) Regulations, 2015.
6. Can the record date under regulation 42(2) of the LODR Regulations be the same date on which the board of directors of a listed entity is scheduled to meet to take a decision on a corporate action specified in regulation 42(1) of the LODR Regulations?
Ans. No. The minimum gap of three (3) working days shall be after board or shareholder approval, as applicable, for the specific corporate action as per Regulation 42(2) of the LODR.
Please refer Notice issued by the Exchange:
https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?pa ge=20250207-33
7. In case of capital reduction/schemes/restructuring, etc., can the record date be intimated with only 3 days prior notice?
Ans. No, for capital reduction/schemes/restructuring, etc the listed entity shall give notice in advance of at least 7 working days (excluding the date of intimation and the record date). Note: For any Corporate Action pertaining to Amalgamation / Merger/ Demerger/ Restructuring /Reorganization through Scheme of Arrangement and as approved by NCLT/Central Government under provisions of Companies Act, 2013, , as also IBC etc., notice in advance of at least 7 working days (excluding the date of intimation and the record date) is to be given.
8. When should Record Date intimation be disclosed by Companies on the Exchange?
Ans. Record Date intimation should be given by Companies:
1. After approval at Board Meeting, where Board approval suffices to facilitate the corporate action;
2. After, approval of Shareholders /NCLT /Central Government/ Filing of INC28 with ROC/ SEBI approval/ Exchange approval/ Public Announcement/etc, as would be necessary to facilitate the corporate action.
9. Where should listed entities address queries relating to record date filings?
Ans. Any clarification, query, or issue relating to the filing of record dates should be addressed to the Exchange at: [email protected] .
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