Description

BSE announces new ISIN INE099D01026 for Unison Metals Ltd effective November 28, 2025, following sub-division of equity shares from Rs.10/- to Re.1/-

Summary

BSE has announced the new ISIN number INE099D01026 for Unison Metals Ltd (Scrip Code: 538610) following the sub-division of equity shares from face value of Rs.10/- to Re.1/-. The new ISIN will be effective for all trades executed on and from November 28, 2025 (Ex-Date). This is a continuation of the exchange notice dated October 31, 2025.

Key Points

  • Company: UNISON METALS LTD (Scrip Code: 538610)
  • New ISIN: INE099D01026
  • Corporate Action: Sub-division of equity shares
  • Old Face Value: Rs.10/- per share
  • New Face Value: Re.1/- per share
  • Effective Date: November 28, 2025 (Ex-Date)
  • DR Number: 766/2025-2026
  • Notice Reference: Continuation of Notice No. 20251031-13 dated October 31, 2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification regarding ISIN modification following share sub-division as per existing SEBI guidelines.

Compliance Requirements

  • Trading members must update their systems with the new ISIN INE099D01026
  • All trades from November 28, 2025 onwards must be executed using the new ISIN
  • Depository participants should ensure demat accounts reflect the sub-divided shares with new ISIN
  • Market participants must adjust their records to reflect the 10:1 share split ratio

Important Dates

  • November 19, 2025: Notice issuance date
  • November 28, 2025: Ex-Date - New ISIN becomes effective for trading
  • October 31, 2025: Original notice date (Reference: Notice No. 20251031-13)

Impact Assessment

Market Impact: Medium - The share sub-division from Rs.10 to Re.1 (10:1 ratio) will increase the number of outstanding shares tenfold, potentially improving liquidity and making shares more affordable for retail investors. The ISIN change is administrative but critical for proper trade settlement.

Operational Impact: Trading members, depository participants, and investors must ensure their systems and records are updated with the new ISIN to avoid settlement failures. Existing shareholders will see their holdings adjusted automatically in demat accounts post ex-date.

Investor Action: Existing shareholders need not take any action as the conversion will happen automatically. New buyers from November 28, 2025 onwards will receive shares with Re.1 face value under the new ISIN.

Impact Justification

Important for shareholders and traders of Unison Metals as ISIN change affects trading and demat accounts, but limited to single scrip with moderate market presence