Description

KSE Ltd has announced a sub-division of equity shares from Rs.10/- per share to Re.1/- per share (1:10 split) with record date of October 28, 2025.

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 sub-divided into ten equity shares with a face value of Re.1/- each. The existing ISIN (INE953E01014) for Rs.10/- paid-up shares will become invalid for exchange transactions from October 28, 2025, and a new ISIN for Re.1/- paid-up shares will be communicated separately.

Key Points

  • Company: KSE Ltd (Scrip Code: 519421)
  • Corporate Action: Sub-division of equity shares
  • Split Ratio: 1:10 (One share of Rs.10/- becomes ten shares of Re.1/-)
  • Record Date: October 28, 2025
  • Effective Date: October 28, 2025
  • Notice Reference: DR-744/2025-2026
  • Current ISIN: INE953E01014 (Rs.10/- paid up) - will be invalid from October 28, 2025
  • New ISIN: To be informed by separate notice
  • Segment: Equity - Dematerialized Securities Rolling Settlement

Regulatory Changes

No regulatory changes. This is a corporate action initiated by the company under existing regulations governing sub-division of shares.

Compliance Requirements

For Trading Members:

  • Note the record date of October 28, 2025 for the sub-division
  • Ensure trading systems are updated to reflect the new face value and ISIN
  • Stop using old ISIN (INE953E01014) for transactions on or after October 28, 2025
  • Await and implement the new ISIN number when communicated

For Investors:

  • Shareholders on record as of October 28, 2025 will receive ten shares of Re.1/- for every one share of Rs.10/- held
  • No action required from shareholders; the sub-division will be processed automatically in demat accounts

Important Dates

  • October 9, 2025: Notice date - Circular issued
  • October 28, 2025: Record date for sub-division
  • October 28, 2025: Effective date - New face value of Re.1/- becomes applicable
  • October 28, 2025: Old ISIN (INE953E01014) becomes invalid for exchange transactions

Impact Assessment

Market Impact:

  • The sub-division will increase the number of outstanding shares by 10x while reducing the face value proportionally
  • Share price will adjust to approximately 1/10th of pre-split price
  • Market capitalization remains unchanged
  • Improved liquidity expected due to lower price per share making stock more accessible to retail investors

Operational Impact:

  • Trading members must update systems to handle new ISIN and face value
  • Depository participants need to process the sub-division in shareholder demat accounts
  • Temporary disruption possible during ISIN transition period
  • All pending corporate actions and open positions need adjustment for the split ratio

Shareholder Impact:

  • Shareholders will hold 10x more shares with proportionally lower face value
  • No change in ownership percentage or investment value
  • Improved tradability due to lower per-share price point

Impact Justification

Stock split increases liquidity and share count but doesn't change market capitalization. Requires ISIN change which impacts trading systems and shareholder records.