Description

BEML Ltd announces new ISIN INE258A01024 effective November 3, 2025, following sub-division of equity shares from Rs. 10/- to Rs. 5/-.

Summary

BSE announces that BEML Ltd (Scrip Code: 500048) will have a new ISIN number INE258A01024 effective from the ex-date of November 3, 2025. This follows the company’s decision to sub-divide its equity shares from a face value of Rs. 10/- per share to Rs. 5/- per share.

Key Points

  • New ISIN: INE258A01024
  • Company: BEML Ltd (Scrip Code: 500048)
  • Action: Sub-division of equity shares from Rs. 10/- to Rs. 5/-
  • Effective Date: November 3, 2025 (Ex-Date)
  • Reference: DR-748/2025-2026
  • Continuation of Exchange Notice No. 20251014-5 dated October 14, 2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving share subdivision that requires ISIN modification as per securities market norms.

Compliance Requirements

  • Trading members must use the new ISIN INE258A01024 for all trades in BEML Ltd equity shares executed on or after November 3, 2025
  • The new ISIN applies specifically to equity shares with face value of Rs. 5/- each
  • Members should update their systems and databases to reflect the ISIN change

Important Dates

  • October 14, 2025: Initial exchange notice regarding share subdivision
  • October 30, 2025: Notice date for new ISIN announcement
  • November 3, 2025: Ex-Date - New ISIN becomes effective for trading

Impact Assessment

Market Impact: Medium - Share subdivision typically enhances liquidity by making shares more affordable for retail investors. The price per share will adjust proportionally (halved), while market capitalization remains unchanged.

Operational Impact: Trading members and market participants must ensure their systems are updated with the new ISIN before the ex-date to avoid trade settlement issues. Existing shareholders will automatically receive doubled quantity of shares with half the face value.

Impact Justification

Standard corporate action affecting trading of BEML shares. Important for shareholders and trading members to track the new ISIN for post-subdivision trades.