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 a subdivision of its equity shares. Each existing equity share of Rs.10/- face value will be subdivided into ten equity shares of Re.1/- face value each. The record date for this subdivision is September 18, 2025.
Key Points
- Company: Kesar Enterprises Ltd (Scrip Code: 507180)
- Subdivision ratio: 1:10 (One share of Rs.10/- into Ten shares of Re.1/-)
- Record date: September 18, 2025
- Effective date: September 18, 2025
- Current ISIN (INE133B01019) for Rs.10/- shares will become invalid
- New ISIN for Re.1/- shares to be announced separately
Regulatory Changes
- The existing ISIN No. INE133B01019 of Rs.10/- paid up will not be valid for transactions on the Exchange on or after September 18, 2025
- A new ISIN number for Re.1/- paid up shares will be communicated through a separate notice
Compliance Requirements
- Trading members must note the subdivision details and updated share structure
- All transactions must use the new ISIN number post the effective date
- Market participants should update their records with the new share denomination
Important Dates
- Record Date: September 18, 2025
- Effective Date: September 18, 2025 (for new share structure)
- Notice Date: September 1, 2025
Impact Assessment
The subdivision will increase the number of shares outstanding by 10 times while reducing the face value proportionally. This typically improves liquidity and makes shares more affordable for retail investors. The change in ISIN will require system updates across trading platforms and depositories.
Impact Justification
Share subdivision affects trading units and liquidity but is routine corporate action