Description

BSE announces new ISIN number INE281E01028 for MINI DIAMONDS INDIA LTD effective December 2, 2025, following sub-division of equity shares from Rs.10/- to Re.2/-

Summary

BSE has assigned a 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

  • New ISIN Number: INE281E01028
  • Company: MINI DIAMONDS INDIA LTD
  • Scrip Code: 523373
  • Corporate Action: Sub-division of equity shares
  • Old Face Value: Rs.10/- per share
  • New Face Value: Re.2/- per share
  • Split Ratio: 1:5 (one share of Rs.10/- subdivided into five shares of Re.2/- each)
  • Circular reference: Notice No. 20251127-4 continues from Notice No. 20251118-57 dated November 18, 2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification regarding ISIN number assignment following share sub-division.

Compliance Requirements

  • Trading members must update their systems with the new ISIN number INE281E01028
  • All trades executed on or after December 2, 2025 must use the new ISIN
  • Demat accounts will reflect the subdivided shares with new face value of Re.2/-
  • Trading and settlement systems must be configured to handle the new security identifier

Important Dates

  • November 18, 2025: Original notice date (Notice No. 20251118-57)
  • November 19, 2025: Date of circular issuance by Listing Compliance
  • November 27, 2025: Publication date of this notice
  • December 2, 2025: Ex-Date - New ISIN becomes effective for all trades
  • DR Reference: 768/2025-2026

Impact Assessment

Market Impact: Medium - The stock split increases liquidity by reducing the per-share price, making shares more accessible to retail investors. The 5:1 split ratio is substantial.

Operational Impact: Medium - Trading members, depositories, and market infrastructure providers must update systems to reflect the new ISIN. Existing shareholders will see their holdings automatically adjusted to reflect five shares of Re.2/- for every one share of Rs.10/- held.

Investor Impact: Positive - Lower price per share post-split typically improves trading volumes and market participation. Existing shareholders’ total investment value remains unchanged, only the number of shares increases proportionally.

Technical Requirements: Trading and settlement systems must be ready to process the new ISIN from the ex-date to avoid disruptions in trading and settlement activities.

Impact Justification

ISIN change affects trading and settlement systems for MINI DIAMONDS INDIA LTD shareholders following 5:1 stock split, requiring system updates by ex-date