Description

KSE Ltd announces new ISIN number INE953E01022 for sub-divided equity shares effective from ex-date October 28, 2025, following sub-division from Rs.10/- to Re.1/-.

Summary

BSE has announced that KSE Ltd (Scrip Code: 519421) will be assigned a new ISIN number INE953E01022 for its sub-divided equity shares. This change follows the sub-division of equity shares from face value of Rs.10/- to Re.1/- and will be effective for trades executed on and from the ex-date of October 28, 2025.

Key Points

  • New ISIN number: INE953E01022
  • Company: KSE Ltd (Scrip Code: 519421)
  • Corporate action: Sub-division of equity shares
  • Old face value: Rs.10/- per share
  • New face value: Re.1/- per share (10:1 split ratio)
  • Ex-date for new ISIN: October 28, 2025
  • Demat Request (DR) reference: 744/2025-2026
  • Continuation of Exchange Notice No. 20251009-10 dated October 09, 2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for ISIN change following share sub-division.

Compliance Requirements

  • Trading members must update their systems to recognize the new ISIN number INE953E01022 for KSE Ltd equity shares of Re.1/- face value
  • The new ISIN must be used for all trades executed on or after October 28, 2025
  • Members should ensure proper mapping of old and new ISIN in their trading and settlement systems

Important Dates

  • October 09, 2025: Original notice date (Exchange Notice No. 20251009-10)
  • October 24, 2025: Current notice date confirming new ISIN details
  • October 28, 2025: Ex-date - New ISIN becomes effective for trading

Impact Assessment

Market Impact: Medium - The share sub-division increases liquidity by reducing per-share price, potentially making the stock more accessible to retail investors. The 10:1 split ratio significantly increases the number of outstanding shares.

Operational Impact: Trading members and market infrastructure providers must update systems to handle the new ISIN. Investors holding shares in demat form will see automatic adjustment with 10 new shares for every 1 old share held. No action required from investors but they should verify post-split holdings after the ex-date.

Impact Justification

ISIN change due to share sub-division requires system updates for trading members but is a routine corporate action with limited market disruption.