Description
BSE announces new ISIN INE910R01024 for GTV Engineering Ltd's equity shares following sub-division from Rs.10 to Rs.2 per share.
Summary
BSE has announced the new ISIN number INE910R01024 for GTV Engineering Ltd (Scrip Code: 539479) following the sub-division of equity shares from Rs.10 per share to Rs.2 per share. This change continues from the earlier exchange notice dated July 22, 2025, and will be effective for trades from the ex-date of July 28, 2025.
Key Points
- Company: GTV Engineering Ltd (Scrip Code: 539479)
- New ISIN: INE910R01024
- Share sub-division: From Rs.10 per share to Rs.2 per share
- Ex-date for new ISIN: July 28, 2025
- DR Number: 682/2025-2026
Regulatory Changes
The company has completed a share sub-division process, requiring a new ISIN number for the subdivided equity shares. This is part of standard corporate action procedures when share denominations change.
Compliance Requirements
Trading members of BSE must update their systems to reflect the new ISIN number for GTV Engineering Ltd shares effective from the ex-date. All trades from July 28, 2025 onwards must use the new ISIN INE910R01024.
Important Dates
- July 28, 2025: Ex-date - New ISIN becomes effective for trading
- July 25, 2025: Notice date
- July 22, 2025: Initial exchange notice date
Impact Assessment
This is a routine corporate action that affects trading systems and shareholder records. Trading members need to update their systems before the ex-date. Shareholders will receive more shares at a proportionally lower price per share, but the total value remains unchanged. The change may improve liquidity by making shares more affordable for retail investors.
Impact Justification
Share sub-division affects trading systems and shareholder records but is routine corporate action