Description

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

Summary

BSE has issued a new ISIN number INE258A01024 for BEML Ltd (Scrip Code: 500048) following the sub-division of equity shares from face value of Rs.10/- to Rs.5/- per share. This is in continuation of Exchange Notice No. 20251014-5 dated October 14, 2025. The new ISIN will be effective for all trades executed on and from the ex-date of November 3, 2025.

Key Points

  • New ISIN Number: INE258A01024
  • Company: BEML Ltd (Scrip Code: 500048)
  • Corporate Action: Sub-division of equity shares
  • Old Face Value: Rs.10/- per share
  • New Face Value: Rs.5/- per share
  • Effective Date: November 3, 2025 (Ex-Date)
  • Debenture Reference: DR-748/2025-2026
  • Notice Reference: Continuation of Notice No. 20251014-5 dated October 14, 2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action where the company has subdivided its equity shares, requiring a new ISIN to be issued for the shares with revised face value.

Compliance Requirements

  • Trading members must update their systems to reflect the new ISIN number INE258A01024 for BEML Ltd equity shares
  • All trades executed on or after November 3, 2025 must use the new ISIN
  • Demat accounts and holdings will be adjusted to reflect the sub-divided shares
  • Market participants should ensure proper mapping of old and new ISINs in their trading and settlement systems

Important Dates

  • October 14, 2025: Original announcement (Notice No. 20251014-5)
  • October 30, 2025: New ISIN confirmation notice issued
  • November 3, 2025: Ex-date - New ISIN becomes effective for all trades

Impact Assessment

Market Impact: Medium - The sub-division increases the number of shares outstanding while reducing the per-share price, potentially improving liquidity and making shares more accessible to retail investors. No change in market capitalization or shareholder value.

Operational Impact: Trading members, custodians, and depository participants must ensure their systems are updated with the new ISIN before the ex-date. Existing shareholders will automatically receive additional shares in their demat accounts in the ratio of 2:1 (each share of Rs.10/- becomes 2 shares of Rs.5/-).

Investor Impact: Existing shareholders will see their shareholding doubled with proportionate reduction in price per share. No action required from investors as the adjustment is automatic through depository systems.

Impact Justification

Corporate action affecting share denomination and ISIN for existing shareholders and trading systems; requires system updates but routine procedural change