Description
BSE announces new ISIN number INE07S101038 for PAVNA INDUSTRIES LTD following subdivision 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 subdivision of equity shares from Rs.10/- to Re.1/- each. 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 subdivision: From Rs.10/- to Re.1/- per share
- This is a continuation of Exchange Notice No. 20250819-37 dated August 19, 2025
Regulatory Changes
No regulatory framework changes - this is a routine corporate action implementation.
Compliance Requirements
- Trading members must use the new ISIN number for all trades from the ex-date
- All settlement and clearing activities to reflect the new ISIN
- Updated records maintenance for the subdivided shares
Important Dates
- Ex-Date: September 1, 2025 (DR- 705/2025-2026)
- Notice Date: August 28, 2025
- Reference Notice: August 19, 2025 (No. 20250819-37)
Impact Assessment
Market Impact: Medium - affects only PAVNA INDUSTRIES LTD shareholders and trading systems. Share subdivision typically increases liquidity and makes shares more affordable to retail investors.
Operational Impact: Medium - trading systems and databases need to be updated with the new ISIN number. Settlement processes must accommodate the 10:1 subdivision ratio from the ex-date onwards.
Impact Justification
Routine corporate action affecting specific stock with clear implementation timeline