Description
BSE announces new ISIN INE07S101038 for Pavna Industries following sub-division of equity shares from Rs.10 to Re.1, effective September 1, 2025.
Summary
BSE has issued a new ISIN number INE07S101038 for Pavna Industries Ltd (Scrip Code: 543915) following the sub-division of equity shares from Rs.10 per share to Re.1 per share. The new ISIN will be effective for trades from September 1, 2025.
Key Points
- Company: PAVNA INDUSTRIES LTD (Scrip Code: 543915)
- New ISIN Number: INE07S101038
- Share sub-division: From Rs.10/- to Re.1/- per equity share
- Effective date for new ISIN: September 1, 2025 (Ex-Date)
- Reference: Continuation of Exchange Notice No. 20250819-37 dated August 19, 2025
Regulatory Changes
Implementation of new ISIN number system following completion of equity share sub-division process as per corporate action requirements.
Compliance Requirements
- Trading members must update their systems with the new ISIN number
- All trades from September 1, 2025 onwards must use the new ISIN INE07S101038
- Ensure proper handling of the sub-divided shares in trading and settlement systems
Important Dates
- September 1, 2025: Ex-date for sub-division and effective date for new ISIN
- August 19, 2025: Original notice date for the sub-division announcement
- August 28, 2025: New ISIN announcement date
Impact Assessment
Medium impact limited to Pavna Industries shareholders and trading systems. The 10:1 sub-division will increase share liquidity and make shares more accessible to retail investors. Trading members need to update their systems to handle the new ISIN and share denomination changes.
Impact Justification
Standard corporate action affecting single stock with clear implementation timeline