Description
BSE announces new ISIN number for Sunrakshakk Industries India Limited following sub-division of equity shares from Rs.10/- to Rs.2/-. New ISIN effective from October 17, 2025.
Summary
BSE has issued a new ISIN number for Sunrakshakk Industries India Limited (Scrip Code: 539300) following the sub-division of equity shares from face value of Rs.10/- to Rs.2/-. The new ISIN number INE671K01027 will be effective for trades executed on and from the ex-date of October 17, 2025. This notice is issued in continuation to Exchange Notice No. 20251008-49 dated October 08, 2025.
Key Points
- Company: SUNRAKSHAKK INDUSTRIES INDIA LIMITED
- Scrip Code: 539300
- New ISIN Number: INE671K01027
- Corporate Action: Sub-division of equity shares from Rs.10/- to Rs.2/-
- Ex-Date: October 17, 2025
- Reference Document: DR-738/2025-2026
- Notice Reference: Continuation of Exchange Notice No. 20251008-49 dated October 08, 2025
Regulatory Changes
No regulatory framework changes. This is a standard corporate action resulting in ISIN modification to reflect the new face value of equity shares post sub-division.
Compliance Requirements
- Trading members must update their systems with the new ISIN number INE671K01027
- The new ISIN must be used for all trades executed on or after October 17, 2025
- Previous ISIN will become invalid for new trades from the ex-date
- Members should ensure proper mapping and settlement using the new ISIN from the effective date
Important Dates
- Notice Date: October 15, 2025
- Ex-Date: October 17, 2025 (New ISIN becomes effective)
- Prior Notice Reference: October 08, 2025 (Exchange Notice No. 20251008-49)
Impact Assessment
Market Impact: Medium - The share sub-division and ISIN change affects trading and settlement processes for this specific security. Trading members and market infrastructure providers need to update their systems before the ex-date.
Operational Impact: Trading members must ensure timely system updates to accommodate the new ISIN. Failure to update systems may result in trade rejections or settlement issues. Shareholders will receive shares with new face value and ISIN, but their total investment value remains unchanged.
Investor Impact: Existing shareholders will see their shareholding quantity increase proportionally (5:1 ratio) while the face value per share decreases from Rs.10 to Rs.2. Market price will adjust accordingly on the ex-date.
Impact Justification
ISIN change due to share sub-division affects trading settlement and record-keeping for shareholders and trading members. Medium impact as it's a single company corporate action requiring system updates.