Description
Fischer Medical Ventures Ltd receives new ISIN number INE771F01041 following sub-division of equity shares from Rs.10/- to Re.1/- effective September 12, 2025.
Summary
FISCHER MEDICAL VENTURES LTD (Scrip Code: 524743) has been assigned a new ISIN number INE771F01041 following the sub-division of equity shares from Rs.10/- to Re.1/-. The new ISIN will be effective for trades executed on and from September 12, 2025.
Key Points
- Company: FISCHER MEDICAL VENTURES LTD (Scrip Code: 524743)
- New ISIN Number: INE771F01041
- Corporate action: Sub-division of equity shares from Rs.10/- to Re.1/-
- Effective date: September 12, 2025 (Ex-Date)
- DR Number: 714/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard ISIN assignment following a corporate action.
Compliance Requirements
- Trading members must update their systems to reflect the new ISIN number
- All trades from September 12, 2025 onwards must use the new ISIN INE771F01041
- System updates required to accommodate the new share denomination
Important Dates
- September 12, 2025: Ex-date for new ISIN effectiveness
- September 10, 2025: Notice date
- September 4, 2025: Referenced previous exchange notice date
Impact Assessment
Market Impact: Medium - Requires system updates across trading platforms and custodial services. Share liquidity may be temporarily affected during the transition.
Operational Impact: Medium - Trading members need to update their systems and ensure proper handling of the new ISIN. Investors holding shares will see automatic adjustment in their demat accounts.
Impact Justification
Standard corporate action requiring system updates but limited market impact