Description

BSE announces new ISIN INE0CJD01029 for Knowledge Marine & Engineering Works Ltd following sub-division of equity shares from Rs.10/- to Rs.5/-, effective from December 22, 2025.

Summary

BSE has issued a new ISIN number INE0CJD01029 for Knowledge Marine & Engineering Works Ltd (Scrip Code: 543273) following the sub-division of equity shares. The existing equity shares with face value of Rs.10/- each will be sub-divided into shares of Rs.5/- each. This new ISIN will be effective for all trades executed on and from the ex-date of December 22, 2025.

Key Points

  • New ISIN Number: INE0CJD01029
  • Company: Knowledge Marine & Engineering Works Ltd
  • Scrip Code: 543273
  • Corporate Action: Sub-division of equity shares from Rs.10/- to Rs.5/-
  • New Face Value: Rs.5/- per equity share
  • Ex-Date: December 22, 2025
  • DR Reference: 782/2025-2026
  • Notice Reference: Continuation of Exchange Notice No. 20251126-16 dated November 26, 2025

Regulatory Changes

No regulatory framework changes. This is a standard corporate action implementing a stock split through equity share sub-division.

Compliance Requirements

  • Trading members must update their systems to reflect the new ISIN INE0CJD01029 for trades from December 22, 2025 onwards
  • All trades executed on or after the ex-date must use the new ISIN for sub-divided shares with face value of Rs.5/-
  • Market participants must ensure proper mapping of old and new ISIN in their trading and settlement systems

Important Dates

  • Notice Date: December 16, 2025
  • Ex-Date: December 22, 2025 (trades from this date will use new ISIN)
  • Previous Notice: November 26, 2025 (Exchange Notice No. 20251126-16)

Impact Assessment

Market Impact: Moderate - The sub-division increases the number of outstanding shares and reduces the per-share price, potentially improving liquidity and making shares more accessible to retail investors.

Operational Impact: Trading members and market participants must update their systems with the new ISIN before the ex-date to ensure seamless trading and settlement. The stock split does not change the total market capitalization but requires technical adjustments to trading infrastructure.

Shareholder Impact: Shareholders will receive double the number of shares at half the face value, maintaining the same investment value. This is a neutral event from a valuation perspective but may enhance trading activity.

Impact Justification

Standard corporate action affecting single stock with moderate impact on shareholders and trading systems requiring ISIN update for sub-divided shares