Description

New ISIN INE672A01026 assigned to Tata Investment Corporation Ltd following sub-division of equity shares from Rs.10/- to Re.1/-, effective October 14, 2025.

Summary

BSE has assigned a new ISIN number INE672A01026 to Tata Investment Corporation Ltd (Scrip Code: 501301) following the sub-division of equity shares from face value of Rs.10/- to Re.1/-. The new ISIN will be effective for trades executed on and from October 14, 2025 (Ex-Date).

Key Points

  • New ISIN: INE672A01026
  • Company: Tata Investment Corporation Ltd
  • Scrip Code: 501301
  • Corporate Action: Sub-division of equity shares from Rs.10/- to Re.1/-
  • Ex-Date for new ISIN: October 14, 2025
  • Demat Request (DR) Number: 735/2025-2026
  • Notice continues from Exchange Notice No. 20250924-73 dated September 24, 2025

Regulatory Changes

No regulatory framework changes. This is a procedural ISIN assignment following corporate action approval.

Compliance Requirements

  • Trading members must update their systems with the new ISIN INE672A01026
  • All trades executed on or after October 14, 2025 must use the new ISIN
  • Settlement and clearing systems must reflect the sub-divided share structure (Re.1/- face value)
  • Market participants should ensure proper mapping of old ISIN to new ISIN for continuity

Important Dates

  • October 7, 2025: Circular issuance date
  • October 14, 2025: Ex-Date - new ISIN becomes effective for trading

Impact Assessment

Market Impact: Medium - affects trading and settlement systems for Tata Investment Corporation Ltd shares. Trading members and investors must be aware of the ISIN change to avoid execution errors.

Operational Impact: Trading members need to update their systems before the ex-date. The 10:1 sub-division increases liquidity by reducing per-share price, potentially broadening investor base. Shareholders will receive 10 shares of Re.1/- each for every 1 share of Rs.10/- held.

Impact Justification

ISIN change affects trading and settlement systems but is procedural following approved sub-division. Material for shareholders and trading members of Tata Investment Corporation Ltd.