Description

Unison Metals Ltd will subdivide its equity shares from Rs.10/- per share to Re.1/- per share in a 1:10 ratio, with record date set for November 28, 2025.

Summary

Unison Metals Ltd (Scrip Code: 538610) has announced a share subdivision where each existing equity share of face value Rs.10/- will be subdivided into ten equity shares of face value Re.1/- each. The record date for this corporate action has been set as November 28, 2025. The existing ISIN INE099D01018 (Rs.10/- paid up) will cease to be valid for exchange transactions from the record date onwards.

Key Points

  • Company: Unison Metals Ltd (Scrip Code: 538610)
  • Corporate Action: Share Subdivision
  • Subdivision Ratio: 1:10 (One share of Rs.10/- into Ten shares of Re.1/-)
  • Record Date: November 28, 2025
  • Effective Date: November 28, 2025
  • Current ISIN: INE099D01018 (Rs.10/- paid up) - will become invalid from record date
  • New ISIN for Re.1/- paid up shares will be communicated separately
  • Notice Number: DR-766/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action permitted under existing regulations for share capital restructuring.

Compliance Requirements

  • Trading members must note that the existing ISIN INE099D01018 will not be valid for transactions executed on or after November 28, 2025
  • Market participants must await communication of the new ISIN number for Re.1/- paid up shares before trading post-subdivision
  • Depository participants and shareholders need to ensure their records are updated post-subdivision

Important Dates

  • October 31, 2025: Circular issued by BSE
  • November 28, 2025: Record date for share subdivision
  • November 28, 2025: Effective date - old ISIN becomes invalid, new subdivided shares become effective

Impact Assessment

Market Impact: Medium - Share subdivisions typically improve liquidity by reducing the per-share price, making the stock more accessible to retail investors. The 1:10 split will reduce the trading price to one-tenth of the current level.

Shareholder Impact: Neutral to Positive - Existing shareholders will receive 10 shares for every 1 share held, maintaining their proportional ownership. The total value of holdings remains unchanged, but increased liquidity may benefit shareholders.

Trading Impact: Operational changes required for the ISIN transition. Trading members must ensure systems are updated to handle the new ISIN and face value from the effective date. A brief period of adjustment may occur as the market adapts to the new share structure.

Impact Justification

Share subdivision affects all shareholders and trading operations but is a routine corporate action with clear timelines and procedures.