Description
BSE announces new ISIN INE314T01033 for Gokul Agro Resources Ltd following sub-division of equity shares from Rs. 2/- to Re. 1/-, effective October 14, 2025.
Summary
BSE has issued a new ISIN number INE314T01033 for Gokul Agro Resources Ltd (Scrip Code: 539725) following the sub-division of equity shares from face value of Rs. 2/- to Re. 1/-. This is a continuation of Exchange Notice No. 20250923-68 dated September 23, 2025. The new ISIN will be effective for trades executed on and from the ex-date of October 14, 2025.
Key Points
- New ISIN: INE314T01033
- Company: Gokul Agro Resources Ltd (Scrip Code: 539725)
- Corporate Action: Sub-division of equity shares from Rs. 2/- to Re. 1/-
- New face value: Re. 1/- per equity share
- Ex-date: October 14, 2025
- Debit Reference: DR-735/2025-2026
- Notice issued by: Marian Dsouza, Assistant Vice President – Listing Operations (CRD)
Regulatory Changes
No regulatory framework changes. This is a standard corporate action notification for ISIN change following share sub-division approved by the company.
Compliance Requirements
- Trading members must update their systems with the new ISIN INE314T01033 for trades from October 14, 2025 onwards
- All trades executed on or after the ex-date must use the new ISIN
- Depository participants and custodians need to update records for the sub-divided shares
- Investors holding shares must ensure their demat accounts reflect the new ISIN post ex-date
Important Dates
- September 23, 2025: Initial notice (20250923-68) regarding sub-division
- October 7, 2025: Notice date for new ISIN announcement
- October 14, 2025: Ex-date - new ISIN becomes effective for trading
Impact Assessment
Market Impact: Medium - The share sub-division from Rs. 2/- to Re. 1/- will double the number of outstanding shares while making the stock more affordable for retail investors. This typically improves liquidity and trading volumes.
Operational Impact: Trading members, brokers, and depositories must update their systems to reflect the new ISIN before the ex-date. Existing shareholders will see their holdings doubled in quantity with proportionate reduction in price per share. No impact on overall investment value for shareholders.
Impact Justification
ISIN change due to share sub-division affects trading and settlement for existing shareholders and trading members, requiring system updates but is routine corporate action.