Description

BSE announces new ISIN INE045J01034 for Fineotex Chemical Ltd effective October 31, 2025, following sub-division of equity shares from Rs. 2/- to Re. 1/-

Summary

BSE has issued a new ISIN number INE045J01034 for Fineotex Chemical Ltd (Scrip Code: 533333) following the sub-division of equity shares from face value Rs. 2/- to Re. 1/-. This notice is in continuation of Exchange Notice No. 20251029-5 dated October 29, 2025. The new ISIN becomes effective for all trades executed on and from the ex-date of October 31, 2025.

Key Points

  • Company affected: Fineotex Chemical Ltd (Scrip Code: 533333)
  • New ISIN Number: INE045J01034
  • Corporate action: Sub-division of equity shares from Rs. 2/- to Re. 1/-
  • Face value changes from Rs. 2 per share to Re. 1 per share
  • Debit Reference: DR-747/2025-2026
  • Trading members are informed to update their systems accordingly

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving share sub-division with corresponding ISIN update as per SEBI regulations governing corporate actions.

Compliance Requirements

  • Trading members must update their systems with the new ISIN number INE045J01034
  • All trades from ex-date onwards must be executed using the new ISIN
  • Previous ISIN will become invalid for new trades from October 31, 2025
  • Depositories and clearing systems need to reflect the new ISIN for post-split shares

Important Dates

  • Notice Date: October 30, 2025
  • Ex-Date: October 31, 2025 (new ISIN effective from this date)
  • Reference to Previous Notice: Exchange Notice No. 20251029-5 dated October 29, 2025

Impact Assessment

Market Impact: Medium - affects all existing and prospective shareholders of Fineotex Chemical Ltd. The sub-division will double the number of shares outstanding while halving the face value, making shares more affordable and potentially improving liquidity.

Operational Impact: Trading members must ensure system updates are completed before the ex-date to avoid trade failures. The new ISIN must be used for all settlement and demat operations from October 31, 2025 onwards. Share certificates with old face value will need to be exchanged for new certificates with revised face value.

Impact Justification

Routine corporate action with clear impact on trading - affects all shareholders of Fineotex Chemical Ltd with new ISIN requirement from ex-date