Description

Knowledge Marine & Engineering Works Ltd announces sub-division of equity shares from Rs.10/- face value to Rs.5/- face value with record date set as December 22, 2025.

Summary

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

Key Points

  • Company: Knowledge Marine & Engineering Works Ltd
  • Scrip Code: 543273
  • Corporate Action: Sub-division of equity shares
  • Current Face Value: Rs.10/- per share
  • New Face Value: Rs.5/- per share
  • Split Ratio: 1:2 (One share of Rs.10/- into two shares of Rs.5/-)
  • Segment: Equity - Dematerialised Securities Rolling Settlement
  • Notice Number: DR-782/2025-2026

Regulatory Changes

The existing ISIN No. INE0CJD01011 (Rs.10/- paid up) will not be valid for transactions on the Exchange on or after December 22, 2025. A new ISIN number for Rs.5/- paid up shares will be communicated to the market through a separate notice.

Compliance Requirements

  • Trading members must note that the old ISIN will become invalid from the record date
  • All transactions on or after December 22, 2025 must use the new ISIN for Rs.5/- shares
  • Market participants should update their systems and records accordingly

Important Dates

  • Record Date: December 22, 2025
  • Effective Date for Sub-Division: December 22, 2025
  • Old ISIN Validity: Valid until December 21, 2025
  • Notice Date: November 26, 2025

Impact Assessment

Shareholder 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 investment value remains unchanged, only the number of shares doubles.

Trading Impact: Post sub-division, the stock price is expected to adjust proportionately, making shares more accessible to retail investors at a lower price point. Liquidity may improve due to lower price per share.

Operational Impact: Trading members must ensure their systems are updated to reflect the new ISIN and face value to avoid transaction errors after the record date.

Impact Justification

Stock sub-division affects existing shareholders and trading dynamics but is a routine corporate action with no immediate operational impact.