Description

KSE Ltd announces 1:10 stock split with record date October 28, 2025, splitting equity shares from Rs.10 face value to Re.1 face value.

Summary

KSE Ltd (Scrip Code: 519421) has announced a sub-division of its equity shares with a record date of October 28, 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 (INE953E01014) will become invalid for trading from October 28, 2025, and a new ISIN for Re.1 paid-up shares will be communicated separately.

Key Points

  • One equity share of Rs.10 face value will be split into ten equity shares of Re.1 face value each
  • Record date fixed as October 28, 2025
  • Split ratio: 1:10
  • Applies to dematerialised securities in rolling settlement segment
  • Existing ISIN INE953E01014 (Rs.10 paid-up) will be invalid from October 28, 2025
  • New ISIN for Re.1 paid-up shares to be announced via separate notice
  • Notice reference: DR-744/2025-2026

Regulatory Changes

No regulatory framework changes. This is a corporate action undertaken by the company pursuant to existing regulations governing sub-division of shares.

Compliance Requirements

  • Trading members must note the record date of October 28, 2025
  • No transactions should be executed using the old ISIN (INE953E01014) on or after October 28, 2025
  • Market participants must update systems to reflect the new share denomination and ISIN once announced
  • Depositories and custodians need to adjust holdings in shareholder accounts based on the 1:10 split ratio

Important Dates

  • Notice Date: October 9, 2025
  • Record Date: October 28, 2025
  • Effective Date for New Face Value: October 28, 2025
  • Old ISIN Invalid From: October 28, 2025

Impact Assessment

Market Impact: Medium - The stock split will increase the number of outstanding shares by 10x while proportionally reducing the share price, making shares more affordable for retail investors. This typically enhances liquidity and trading volumes.

Operational Impact: Trading systems, portfolios, and settlement processes must be updated to reflect the new share structure. The change in ISIN requires coordination between exchanges, depositories, and market participants.

Shareholder Impact: Existing shareholders will receive 10 shares for every 1 share held as of the record date. The overall investment value remains unchanged, but the number of shares held increases proportionally.

Impact Justification

Stock split affects existing shareholders and trading operations but is a routine corporate action with defined timeline and clear implementation process.