Description

New ISIN INE281E01028 assigned for Mini Diamonds India Ltd following sub-division of equity shares from Rs.10/- to Re.2/-, effective from ex-date December 2, 2025.

Summary

BSE has announced the new ISIN number INE281E01028 for Mini Diamonds India Ltd (Scrip Code: 523373) following the sub-division of equity shares from face value of Rs.10/- to Re.2/-. The new ISIN will be effective for trades executed on and from the ex-date of December 2, 2025.

Key Points

  • Company: Mini Diamonds India Ltd (Scrip Code: 523373)
  • New ISIN: INE281E01028
  • Corporate Action: Sub-division of equity shares
  • Old Face Value: Rs.10/- per share
  • New Face Value: Re.2/- per share
  • Ex-Date: December 2, 2025
  • Document Reference: DR-768/2025-2026
  • Continuation of Exchange Notice No. 20251118-57 dated November 18, 2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for ISIN modification following equity share sub-division.

Compliance Requirements

  • Trading members must use the new ISIN INE281E01028 for all trades in Mini Diamonds India Ltd equity shares (Re.2/- face value) from December 2, 2025 onwards
  • Systems must be updated to reflect the new ISIN for trade processing on and after the ex-date
  • Members should reference the earlier notice dated November 18, 2025 for complete details on the sub-division event

Important Dates

  • November 18, 2025: Original exchange notice issued (Notice No. 20251118-57)
  • November 19, 2025: Circular issued date
  • November 27, 2025: Notice publication date
  • December 2, 2025: Ex-date - New ISIN becomes effective for trading

Impact Assessment

Market Impact: Limited to Mini Diamonds India Ltd shareholders and traders. Share sub-division increases liquidity by reducing per-share price, making shares more accessible to retail investors.

Operational Impact: Trading members must update their systems with the new ISIN before the ex-date. Depository participants need to ensure proper mapping of old and new ISINs for investor holdings.

Investor Impact: Existing shareholders will receive 5 shares of Re.2/- face value for every 1 share of Rs.10/- held. Total investment value remains unchanged, but share quantity increases proportionally.

Impact Justification

Routine corporate action affecting single scrip; requires awareness for trading but does not impact broader market operations