Description

Knowledge Marine & Engineering Works Ltd will sub-divide its equity shares from Rs.10/- each into two equity shares of Rs.5/- each with record date on December 22, 2025.

Summary

BSE has announced that Knowledge Marine & Engineering Works Ltd (Scrip Code: 543273) will undergo a sub-division of its equity shares. Each existing equity share with a face value of Rs.10/- will be split into two equity shares with a face value of Rs.5/- each. The record date for this corporate action is set for December 22, 2025, and the sub-divided shares will be effective from the same date.

Key Points

  • Company: Knowledge Marine & Engineering Works Ltd
  • Scrip Code: 543273
  • Corporate Action: Sub-division (Stock Split) of equity shares
  • Ratio: 1 equity share of Rs.10/- split into 2 equity shares of Rs.5/- each
  • Current ISIN: INE0CJD01011 (Rs.10/- paid up)
  • New paid-up value: Rs.5/- per share
  • The existing ISIN will not be valid for transactions from December 22, 2025 onwards
  • A new ISIN number for Rs.5/- paid-up shares will be communicated separately

Regulatory Changes

No regulatory framework changes. This is a standard corporate action under existing regulations for share sub-division.

Compliance Requirements

  • Trading members must note that the existing ISIN (INE0CJD01011) will become invalid for exchange transactions from December 22, 2025
  • Trading members should await a separate notice from BSE announcing the new ISIN number for the Rs.5/- paid-up shares
  • Members must update their systems to reflect the new share structure and ISIN post record date
  • All transactions after the record date must be conducted using the new ISIN and revised share denomination

Important Dates

  • November 26, 2025: Notice date - announcement of sub-division
  • December 22, 2025: Record date for sub-division
  • December 22, 2025: Effective date - sub-divided shares with Rs.5/- face value come into effect
  • December 22, 2025: Last date for validity of existing ISIN INE0CJD01011

Impact Assessment

Market Impact: The sub-division will increase the number of outstanding shares while reducing the per-share price proportionally. This typically improves liquidity and makes shares more accessible to retail investors due to lower absolute price per share. The market capitalization and shareholder value remain unchanged.

Operational Impact: Trading systems, demat accounts, and clearing mechanisms need to be updated to reflect the new ISIN and revised share count. Shareholders will see their share quantity double while the per-share value halves, maintaining the same total investment value.

Investor Impact: Existing shareholders will receive two shares of Rs.5/- face value for every one share of Rs.10/- face value held as of the record date. The total value of their holdings remains the same, but the number of shares increases proportionally.

Impact Justification

Standard corporate action affecting share structure and ISIN for a listed company. Impacts existing shareholders through share subdivision but does not affect overall shareholding value.