Description

A B INFRABUILD LTD will subdivide its equity shares from Rs. 10/- per share into ten shares of Re. 1/- each, with record date October 17, 2025.

Summary

A B INFRABUILD LTD (Scrip Code: 544281) has announced a sub-division of its equity shares with a record date of October 17, 2025. Each existing equity share with a face value of Rs. 10/- will be split into ten equity shares with a face value of Re. 1/- each. The existing ISIN (INE00YB01017) will become invalid for exchange transactions from October 17, 2025 onwards, and a new ISIN for Re. 1/- paid-up shares will be communicated separately.

Key Points

  • Company: A B INFRABUILD LTD (Scrip Code: 544281)
  • Corporate Action: Sub-division of equity shares
  • Split Ratio: 1 share of Rs. 10/- into 10 shares of Re. 1/- each (1:10 split)
  • Record Date: October 17, 2025
  • Effective Date: October 17, 2025
  • Old Face Value: Rs. 10/- per share
  • New Face Value: Re. 1/- per share
  • Old ISIN: INE00YB01017 (will be invalid from October 17, 2025)
  • New ISIN: To be communicated by separate notice
  • Segment: Equity - Dematerialised Securities, Rolling Settlement

Regulatory Changes

No regulatory changes. This is a corporate action initiated by the company as per provisions under applicable company law.

Compliance Requirements

  • Trading members must note that the old ISIN (INE00YB01017) with Rs. 10/- face value will not be valid for exchange transactions from October 17, 2025 onwards
  • Trading members should await separate notice for the new ISIN number for Re. 1/- paid-up shares
  • All trading and settlement systems must be updated to reflect the new share denomination from the effective date
  • Investors holding shares in demat form will automatically receive subdivided shares in their demat accounts

Important Dates

  • Notice Date: October 7, 2025
  • Record Date: October 17, 2025
  • Effective Date for Sub-Division: October 17, 2025
  • Old ISIN Invalid From: October 17, 2025
  • Notice Reference: DR-738/2025-2026

Impact Assessment

Market Impact:

  • The sub-division will increase the number of outstanding shares by 10 times while reducing the face value proportionately
  • Market price per share is expected to adjust proportionately (approximately 1/10th of pre-split price)
  • Enhanced liquidity potential due to lower absolute price per share, making shares more accessible to retail investors
  • No change in market capitalization or shareholding percentages

Operational Impact:

  • Trading members must update systems to handle the new ISIN from October 17, 2025
  • Brief transition period required for system changes and ISIN mapping
  • Demat accounts will reflect adjusted holdings post-record date
  • All pending orders and positions must account for the 1:10 adjustment ratio

Investor Impact:

  • Existing shareholders will receive 10 shares for every 1 share held as of record date
  • Proportionate ownership remains unchanged
  • Improved affordability for small investors due to lower per-share price
  • No tax implications as this is a non-taxable corporate action

Impact Justification

Standard corporate action affecting shareholding structure and ISIN; requires investor awareness for trading continuity but is routine administrative change