Description

Space Incubatrics Technologies Ltd has fixed December 19, 2025 as the record date for sub-division of equity shares from Rs.10/- face value to Re.1/- face value in the ratio of 1:10.

Summary

BSE has notified that Space Incubatrics Technologies Ltd (Scrip Code: 541890) will sub-divide its equity shares from a face value of Rs.10/- per share to Re.1/- per share, effectively splitting each existing share into ten new shares. The record date for this sub-division has been fixed as December 19, 2025.

Key Points

  • Company: Space Incubatrics Technologies Ltd
  • Scrip Code: 541890
  • Current Face Value: Rs.10/- per equity share
  • New Face Value: Re.1/- per equity share
  • Sub-division Ratio: 1:10 (One share of Rs.10/- becomes Ten shares of Re.1/- each)
  • Record Date: December 19, 2025
  • Segment: Equity - Dematerialised Securities (Rolling Settlement)
  • Notice Reference: DR-781/2025-2026

Regulatory Changes

  • The existing ISIN No. INE797Z01010 (Rs.10/- paid up) will not be valid for transactions on the Exchange on or after December 19, 2025
  • A new ISIN Number for Re.1/- paid up shares will be allocated and communicated to the market through a separate notice

Compliance Requirements

  • Trading members must note the record date and ensure proper handling of transactions
  • All transactions from December 19, 2025 onwards must use the new ISIN for Re.1/- face value shares
  • The old ISIN cannot be used for exchange transactions from the effective date

Important Dates

  • December 8, 2025: Circular announcement date
  • December 19, 2025: Record date for sub-division and effective date for new face value
  • December 19, 2025: Date from which old ISIN (INE797Z01010) becomes invalid for exchange transactions

Impact Assessment

Impact on Shareholders: Each shareholder will receive 10 shares of Re.1/- face value for every 1 share of Rs.10/- face value held as of the record date. The total investment value remains unchanged.

Impact on Trading: The stock will trade at approximately 1/10th of its pre-split price from December 19, 2025. This may improve liquidity and make the stock more accessible to retail investors.

Impact on Market Systems: Trading and depository systems need to be updated with the new ISIN. Members must ensure their systems reflect the new face value and adjusted number of shares post-record date.

Impact on Corporate Actions: All pending corporate actions, dividends, and rights will be adjusted proportionately to reflect the new face value and increased number of shares.

Impact Justification

Stock sub-division affects shareholders and trading parameters. Medium impact as it's a standard corporate action affecting one company. Existing ISIN becomes invalid from record date.