Description
New ISIN number INE371F01024 assigned for sub-divided equity shares of CHANDRIMA MERCANTILES LTD effective from August 20, 2025.
Summary
BSE has assigned a new ISIN number INE371F01024 for the sub-divided equity shares of CHANDRIMA MERCANTILES LTD (Scrip Code: 540829). The company has sub-divided its equity shares from Rs.10/- to Re.1/- each, effective from the ex-date of August 20, 2025.
Key Points
- New ISIN number: INE371F01024 for equity shares of Re.1/- each
- Company: CHANDRIMA MERCANTILES LTD (Scrip Code: 540829)
- Share subdivision: From Rs.10/- to Re.1/- per share
- Effective date: August 20, 2025 (Ex-Date)
- DR Number: 698/2025-2026
Regulatory Changes
No regulatory framework changes. This is a corporate action involving share subdivision with corresponding ISIN number change as per standard procedures.
Compliance Requirements
- Trading members must use the new ISIN number for trades from August 20, 2025 onwards
- All trading systems must be updated to reflect the new ISIN number
- Depository participants need to update records with new ISIN
Important Dates
- August 20, 2025: Ex-date for new ISIN number to become effective
- August 18, 2025: Notice date
- August 14, 2025: Previous related notice (20250814-42)
Impact Assessment
Medium operational impact requiring system updates by trading members and market participants. The 10:1 share subdivision will increase the number of shares outstanding while reducing the face value, making shares more affordable for retail investors. Trading operations need to transition to the new ISIN number from the ex-date.
Impact Justification
Share subdivision with new ISIN affects trading operations but is routine corporate action