Description

Sprayking Ltd announces sub-division of equity shares from Rs.2/- each to Re.1/- each with record date of August 12, 2025.

Summary

Sprayking Ltd (Scrip Code: 540079) has announced the sub-division of its equity shares. Each existing equity share of face value Rs.2/- will be sub-divided into two equity shares of face value Re.1/- each, effective from August 12, 2025.

Key Points

  • Company: Sprayking Ltd (Scrip Code: 540079)
  • Record date: August 12, 2025
  • Sub-division ratio: 1 share of Rs.2/- into 2 shares of Re.1/- each
  • Current ISIN INE537U01029 (Rs.2/- paid up) will become invalid from August 12, 2025
  • New ISIN for Re.1/- paid up shares will be communicated separately

Regulatory Changes

The existing ISIN Number INE537U01029 for Rs.2/- paid up shares will not be valid for exchange transactions on or after August 12, 2025. A new ISIN number for the Re.1/- paid up shares will be assigned and communicated to the market through a separate notice.

Compliance Requirements

Trading members are informed of this corporate action and must ensure compliance with the new share structure and ISIN changes effective from the record date.

Important Dates

  • Record Date: August 12, 2025
  • Effective Date: August 12, 2025
  • Notice Date: July 31, 2025

Impact Assessment

This is a standard corporate action that will double the number of shares while halving the face value per share. Existing shareholders will receive two shares of Re.1/- each for every share of Rs.2/- held. The action requires system updates for the new ISIN and may temporarily affect trading until the new ISIN is implemented.

Impact Justification

Standard corporate action affecting share denomination and ISIN for existing shareholders