Description
Assignment of new ISIN number INE133B01027 for KESAR ENTERPRISES LTD following sub-division of equity shares from Rs.10/- to Re.1/-
Summary
BSE has assigned a new ISIN number INE133B01027 for KESAR ENTERPRISES LTD (Scrip Code: 507180) following the sub-division of equity shares from Rs.10/- to Re.1/-. The new ISIN will be effective for trades from September 18, 2025.
Key Points
- Company: KESAR ENTERPRISES LTD (Scrip Code: 507180)
- New ISIN Number: INE133B01027
- Share sub-division from Rs.10/- per share to Re.1/- per share
- New ISIN effective from ex-date September 18, 2025
- References previous exchange notice dated September 1, 2025
Regulatory Changes
Assignment of new ISIN number to reflect the changed face value of equity shares post sub-division, ensuring proper identification in trading and settlement systems.
Compliance Requirements
- Trading members must update their systems with the new ISIN number
- All trades from September 18, 2025 onwards must use the new ISIN INE133B01027
- Existing positions will need to be adjusted to reflect the new share denomination
Important Dates
- September 18, 2025: Ex-date for new ISIN implementation
- September 10, 2025: Notice date
- September 1, 2025: Date of previous related exchange notice
Impact Assessment
Medium impact on trading operations as market participants need to update systems and records. The 10:1 sub-division will increase the number of shares outstanding while reducing per-share price, potentially improving liquidity. Trading systems, depository records, and investor portfolios will need updates to reflect the new ISIN and share structure.
Impact Justification
Corporate action affecting share denomination and ISIN, impacting trading systems and investor records