Description
BSE announces new ISIN number INE371F01024 for CHANDRIMA MERCANTILES LTD following subdivision of equity shares from Rs.10/- to Re.1/-
Summary
BSE has announced a new ISIN number INE371F01024 for CHANDRIMA MERCANTILES LTD (Scrip Code: 540829) following the subdivision of equity shares from Rs.10/- to Re.1/-. The new ISIN will be effective from the ex-date of August 20, 2025.
Key Points
- New ISIN number: INE371F01024
- Company: CHANDRIMA MERCANTILES LTD (Scrip Code: 540829)
- Share subdivision: From Rs.10/- to Re.1/- per equity share
- Effective date: August 20, 2025 (Ex-Date)
- DR Reference: 698/2025-2026
Regulatory Changes
Implementation of new ISIN number for subdivided equity shares as part of corporate restructuring process.
Compliance Requirements
- Trading members must use the new ISIN number for all trades from the ex-date
- Settlement and clearing to be done using the new ISIN
- Update systems and records with the new ISIN number
Important Dates
- August 20, 2025: Ex-date for new ISIN number effectiveness
- August 18, 2025: Notice date
- August 14, 2025: Reference to previous exchange notice 20250814-42
Impact Assessment
Medium impact on trading operations as market participants need to update their systems with the new ISIN number. The share subdivision will increase the number of shares in circulation while proportionally reducing the face value, making shares more affordable for retail investors.
Impact Justification
ISIN change affects trading and settlement but is procedural in nature