Description
Mrs. Bectors Food Specialities Ltd will sub-divide equity shares from Rs.10/- per share to Rs.2/- per share (1:5 ratio) with record date December 12, 2025.
Summary
BSE notifies that Mrs. Bectors Food Specialities Ltd (Scrip Code: 543253) will undergo a sub-division of equity shares on December 12, 2025. Each existing equity share with a face value of Rs.10/- will be split into five equity shares with a face value of Rs.2/- each. The record date for this corporate action is December 12, 2025.
Key Points
- Company: Mrs. Bectors Food Specialities Ltd
- BSE Scrip Code: 543253
- Current ISIN: INE495P01012 (Rs.10/- paid up)
- Sub-division ratio: 1:5 (One share of Rs.10/- into Five shares of Rs.2/-)
- Record Date: December 12, 2025
- Effective Date: December 12, 2025
- Current ISIN will become invalid for transactions on or after December 12, 2025
- New ISIN for Rs.2/- paid up shares will be communicated separately
- Notice Number: DR-776/2025-2026
Regulatory Changes
No regulatory changes. This is a corporate action initiated by the company involving face value reduction through stock split.
Compliance Requirements
- Trading members must note that the existing ISIN INE495P01012 (Rs.10/- face value) will not be valid for transactions on or after December 12, 2025
- Market participants must await separate notice regarding the new ISIN for Rs.2/- paid up shares
- All trading and settlement systems must be updated to reflect the new share structure from the effective date
Important Dates
- November 20, 2025: Circular issued
- December 12, 2025: Record date for sub-division
- December 12, 2025: Effective date - old ISIN becomes invalid, new sub-divided shares begin trading
Impact Assessment
Market Impact: Stock splits typically improve liquidity by making shares more affordable to retail investors, potentially increasing trading volumes. The 1:5 split will reduce the trading price per share to one-fifth of the pre-split price.
Shareholder Impact: No economic impact on existing shareholders - total value of holdings remains unchanged. Each shareholder will receive 5 shares for every 1 share held. Proportionate ownership remains the same.
Operational Impact: Exchanges, depositories, and trading systems need to update records. Brokers must ensure client accounts reflect the correct post-split share quantities. The new ISIN will be communicated separately for system updates.
Impact Justification
Stock split is a significant corporate action affecting share capital structure and trading, but does not change market capitalization or fundamental value for shareholders.