Description
Kesar Enterprises Ltd announces subdivision of equity shares from Rs. 10 to Re. 1 each with record date September 18, 2025.
Summary
Kesar Enterprises Ltd (Scrip Code: 507180) has announced subdivision of existing equity shares from Rs. 10 per share to Re. 1 per share in the ratio of 1:10, with record date set as September 18, 2025.
Key Points
- Existing equity shares of Rs. 10 each will be subdivided into 10 shares of Re. 1 each
- Record date: September 18, 2025
- Effective date for new subdivision: September 18, 2025
- Current ISIN INE133B01019 will become invalid for trading from September 18, 2025
- New ISIN for Re. 1 paid-up shares will be communicated separately
Regulatory Changes
No regulatory changes - this is a routine corporate action of share subdivision.
Compliance Requirements
- Trading members must note the record date for subdivision
- Current ISIN INE133B01019 will not be valid for transactions on or after September 18, 2025
- Market participants must await notification of new ISIN number
Important Dates
- Record Date: September 18, 2025
- Effective Date: September 18, 2025
- ISIN Validity End: September 17, 2025 (last trading day for old ISIN)
Impact Assessment
The subdivision will increase the number of shares outstanding by 10 times while proportionally reducing the share price, making shares more accessible to retail investors. No impact on market capitalization or shareholder value.
Impact Justification
Subdivision affects share structure and trading but is routine corporate action