Description

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

Summary

BSE has assigned a new ISIN number INE281E01028 to MINI DIAMONDS INDIA LTD (Scrip Code: 523373) following the sub-division of equity shares from face value of Rs. 10/- to Re. 2/-. This new ISIN will be effective for all trades executed on and from the ex-date of December 2, 2025. This notice is issued in continuation of Exchange Notice No. 20251118-57 dated November 18, 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 becomes five shares of Re. 2)
  • DR Number: 768/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action where the company has subdivided its equity shares, requiring issuance of a new ISIN number for the subdivided shares with lower face value.

Compliance Requirements

  • Trading Members: Must note the new ISIN number and ensure systems are updated for trades from ex-date
  • Depositories: Will activate the new ISIN for demat holdings from ex-date
  • Investors: No action required - existing holdings will automatically reflect subdivided shares in demat accounts
  • Company: Must ensure all records reflect the new share structure and ISIN

Important Dates

  • Notice Date: November 27, 2025 (actual notice dated November 19, 2025)
  • Ex-Date: December 2, 2025 - New ISIN becomes effective for all trades
  • Reference Notice: November 18, 2025 (Notice No. 20251118-57)

Impact Assessment

Market Impact: Medium - The share sub-division will increase the number of outstanding shares by 5x while reducing the per-share price proportionately. This typically improves liquidity and makes shares more accessible to retail investors.

Operational Impact: Trading members and market infrastructure must ensure their systems recognize the new ISIN from the ex-date. Existing shareholders will see their holdings automatically adjusted in demat accounts (1 old share = 5 new shares).

Investor Impact: Positive for retail participation as lower face value and reduced market price per share improves affordability and trading flexibility. Total investment value remains unchanged due to proportional adjustment.

Impact Justification

Standard corporate action - equity share sub-division requiring new ISIN. Affects trading and demat accounts for shareholders of MINI DIAMONDS INDIA LTD from ex-date onwards.