Description
Kesar Enterprises Ltd announces subdivision of equity shares from Rs.10 each to Re.1 each with record date September 18, 2025.
Summary
Kesar Enterprises Ltd (Scrip Code: 507180) has announced subdivision of its 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
- One existing equity share of Rs.10 will be subdivided into ten equity shares of Re.1 each
- Record date: September 18, 2025
- Effective date for new subdivision: September 18, 2025
- Current ISIN INE133B01019 will become invalid from September 18, 2025
- New ISIN number for Re.1 paid-up shares to be announced separately
Regulatory Changes
The existing ISIN number INE133B01019 for Rs.10 paid-up shares will not be valid for exchange transactions from September 18, 2025 onwards.
Compliance Requirements
- Trading members must note the subdivision details
- New ISIN number will be communicated through separate notice
- All transactions post-record date must use new share denomination
Important Dates
- Record Date: September 18, 2025
- Effective Date: September 18, 2025
- Notice Date: September 1, 2025
Impact Assessment
The subdivision will increase the number of shares outstanding by 10 times while reducing the nominal value per share, potentially improving liquidity and making shares more accessible to retail investors. The market capitalization remains unchanged.
Impact Justification
Stock subdivision affects share price and liquidity but is routine corporate action