Description

Stock split announced for Websol Energy System Ltd with record date November 14, 2025, subdividing equity shares from Rs. 10/- to Re. 1/- each in 1:10 ratio.

Summary

BSE has announced that Websol Energy System Ltd (Scrip Code: 517498) will implement a stock sub-division with record date of November 14, 2025. Each existing equity share with face value of Rs. 10/- will be subdivided into 10 equity shares of Re. 1/- each. The old ISIN INE855C01015 will become invalid for exchange transactions from November 14, 2025, and a new ISIN for Re. 1/- paid-up shares will be notified separately.

Key Points

  • Company: Websol Energy System Ltd (Scrip Code: 517498)
  • Corporate Action: Sub-division of equity shares
  • Split Ratio: 1:10 (One share of Rs. 10/- into Ten shares of Re. 1/-)
  • Record Date: November 14, 2025
  • Effective Date: November 14, 2025
  • Notice Number: 20251104-65 (DR-756/2025-2026)
  • Segment: Dematerialised Securities - Rolling Settlement

Regulatory Changes

  • Old ISIN INE855C01015 (Rs. 10/- paid-up) will not be valid for exchange transactions on or after November 14, 2025
  • New ISIN for Re. 1/- paid-up shares to be notified by separate notice
  • All trading members of the exchange have been informed of this corporate action

Compliance Requirements

  • Trading members must note the record date and ensure proper handling of transactions
  • Investors holding shares must be aware of the ISIN change effective from record date
  • Depositories and participants need to update their systems for the new face value and ISIN
  • No transactions using old ISIN will be permitted on or after November 14, 2025

Important Dates

  • November 4, 2025: Notice issued by BSE
  • November 14, 2025: Record date for sub-division
  • November 14, 2025: Effective date for new face value and trading with new ISIN
  • November 14, 2025: Old ISIN becomes invalid for exchange transactions

Impact Assessment

Market Impact: The 1:10 stock split will increase the number of outstanding shares tenfold while proportionally reducing the share price. This typically improves liquidity and makes shares more accessible to retail investors by lowering the per-share price.

Operational Impact: Investors and trading systems must be updated to reflect the new share count and face value. The ISIN change requires coordination between depositories, brokers, and trading platforms to ensure seamless transition.

Investor Impact: Existing shareholders will see their holding quantity increase by 10 times while maintaining the same total investment value. No action is required from shareholders as the subdivision is automatic, but they should verify their updated holdings post-record date and ensure their systems reflect the new ISIN for future transactions.

Impact Justification

Stock split is a significant corporate action affecting share price and liquidity but does not change fundamental value; requires investor awareness of ISIN changes and trading implications