Description

BSE announces new ISIN INE645S01024 for Rolex Rings Ltd effective October 17, 2025, following sub-division of equity shares from Rs.10/- to Re.1/-.

Summary

BSE has announced a new ISIN number for Rolex Rings Ltd (Scrip Code: 543325) following the sub-division of equity shares from face value Rs.10/- to Re.1/-. The new ISIN INE645S01024 will be effective for trades executed on and from October 17, 2025. This notification is in continuation of Exchange Notice No. 20251006-63 dated October 06, 2025.

Key Points

  • Company Name: Rolex Rings Ltd
  • Scrip Code: 543325
  • New ISIN: INE645S01024
  • Corporate Action: Sub-division of equity shares from Rs.10/- to Re.1/-
  • New face value: Re.1/- per equity share
  • Debenture Resolution: DR-738/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving ISIN modification following stock sub-division.

Compliance Requirements

  • Trading members must update their systems with the new ISIN number INE645S01024
  • All trades executed on or after the ex-date must use the new ISIN
  • Record-keeping and settlement systems must be updated to reflect the new ISIN for equity shares with Re.1/- face value

Important Dates

  • Notice Date: October 13, 2025
  • Ex-Date: October 17, 2025 (effective date for new ISIN)
  • Previous Notice: October 06, 2025 (Exchange Notice No. 20251006-63)

Impact Assessment

Market Impact: Medium - The ISIN change affects all trading members and shareholders of Rolex Rings Ltd. While this is a routine corporate action, it requires system updates across trading platforms and custodial systems.

Operational Impact: Trading members must ensure their systems are configured with the new ISIN before the ex-date to avoid trade failures or settlement issues. Shareholders will receive shares with the new face value and ISIN after the sub-division becomes effective.

Investor Impact: Existing shareholders will see their shareholding adjusted proportionally (10:1 ratio based on face value change from Rs.10 to Re.1), though the total investment value remains unchanged. The stock will trade under the new ISIN from October 17, 2025.

Impact Justification

ISIN change due to stock sub-division affects trading and record-keeping for shareholders and trading members but is a routine corporate action with clear implementation date