Description
BSE announces new ISIN INE797Z01028 for SPACE INCUBATRICS TECHNOLOGIES LTD following sub-division of equity shares from Rs.10/- to Re.1/-, effective from December 19, 2025.
Summary
BSE has assigned a new ISIN number INE797Z01028 to SPACE INCUBATRICS TECHNOLOGIES LTD (Scrip Code: 541890) following the sub-division of equity shares from face value of Rs.10/- to Re.1/-. The new ISIN will be effective for trades executed on and from the ex-date of December 19, 2025. This notice is in continuation to Exchange Notice No. 20251208-9 dated December 08, 2025.
Key Points
- New ISIN number: INE797Z01028
- Company: SPACE INCUBATRICS TECHNOLOGIES LTD
- Scrip Code: 541890
- Corporate action: Sub-division of equity shares
- Old face value: Rs.10/- per share
- New face value: Re.1/- per share
- Ex-date for new ISIN: December 19, 2025
- Document reference: DR-781/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving share sub-division, which results in the issuance of a new ISIN to distinguish the subdivided shares from the original shares.
Compliance Requirements
- Trading members must use the new ISIN number INE797Z01028 for all trades in SPACE INCUBATRICS TECHNOLOGIES LTD equity shares executed on or after December 19, 2025
- Update trading and settlement systems to reflect the new ISIN and revised face value
- Ensure proper mapping of the old and new ISIN for corporate action processing
Important Dates
| Date | Event |
|---|---|
| December 08, 2025 | Original exchange notice issued (Notice No. 20251208-9) |
| December 16, 2025 | New ISIN announcement date |
| December 19, 2025 | Ex-date - New ISIN becomes effective for trading |
Impact Assessment
Market Impact: Medium - The share sub-division will increase the number of outstanding shares by a factor of 10, potentially improving liquidity and making shares more affordable for retail investors. The new ISIN ensures proper identification and tracking of the subdivided shares.
Operational Impact: Trading members must update their systems to accommodate the new ISIN and revised face value. The 10:1 split ratio is straightforward and commonly implemented. Shareholders will see their holding quantities multiplied by 10 while the total investment value remains unchanged.
Investor Impact: Existing shareholders will receive 10 shares of Re.1/- face value for every 1 share of Rs.10/- face value held. This is a cosmetic change that does not affect the ownership percentage or total value of holdings but may improve marketability of the stock.
Impact Justification
Standard corporate action affecting share structure and ISIN of a single listed company. Important for shareholders and trading members but routine in nature.