Description
Fischer Medical Ventures Ltd receives new ISIN INE771F01041 for sub-divided equity shares from Rs.10 to Re.1, effective September 12, 2025.
Summary
BSE announces new ISIN number INE771F01041 for Fischer Medical Ventures Ltd (Scrip Code: 524743) following subdivision of equity shares from Rs.10 to Re.1 each. The new ISIN becomes effective for trades from September 12, 2025.
Key Points
- Company: Fischer Medical Ventures Ltd (Scrip Code: 524743)
- New ISIN: INE771F01041
- Share subdivision: From Rs.10/- to Re.1/- per equity share
- Effective date: September 12, 2025 (Ex-Date)
- Reference: Continuation of Exchange Notice No. 20250904-54 dated September 04, 2025
Regulatory Changes
New ISIN number assignment following corporate action of equity share subdivision as per exchange regulations.
Compliance Requirements
- Trading members must use new ISIN for trades from ex-date
- System updates required to reflect new share denomination
- Record keeping adjustments for subdivided shares
Important Dates
- September 12, 2025: Ex-date for new ISIN effectiveness
- September 10, 2025: Notice date
- DR-714/2025-2026: Relevant delivery record
Impact Assessment
Moderate impact on existing shareholders and trading systems. Share subdivision increases liquidity by reducing per-share price while maintaining proportional ownership. Technical systems require updates to handle new ISIN and share denomination.
Impact Justification
Corporate action affecting share denomination and ISIN for existing shareholders