Description
BSE announces new ISIN INE797Z01028 for SPACE INCUBATRICS TECHNOLOGIES LTD (Scrip Code: 541890) effective from ex-date December 19, 2025, following sub-division of equity shares from Rs.10/- to Re.1/-
Summary
BSE has issued a new ISIN number INE797Z01028 for SPACE INCUBATRICS TECHNOLOGIES LTD (Scrip Code: 541890) following the sub-division of equity shares from face value of Rs.10/- to Re.1/-. This new ISIN will be effective for trades executed on and from the ex-date of December 19, 2025. This notice continues from the earlier exchange notice dated December 08, 2025.
Key Points
- Company: SPACE INCUBATRICS TECHNOLOGIES LTD (Scrip Code: 541890)
- New ISIN Number: INE797Z01028
- Corporate Action: Sub-division of equity shares from Rs.10/- to Re.1/- (1:10 split)
- Ex-Date for new ISIN: December 19, 2025
- Reference: Continues Exchange Notice No. 20251208-9 dated December 08, 2025
- DR Reference: DR-781/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard ISIN modification procedure following a corporate action (share sub-division).
Compliance Requirements
- Trading members must ensure systems are updated to recognize the new ISIN INE797Z01028 for trades from December 19, 2025 onwards
- All trading and settlement systems must transition from the old ISIN to new ISIN on the ex-date
- Members should update their records to reflect the new face value of Re.1/- per equity share
- Ensure client communication regarding the ISIN change for holdings in SPACE INCUBATRICS TECHNOLOGIES LTD
Important Dates
- December 08, 2025: Original exchange notice date
- December 16, 2025: Current notice date
- December 19, 2025: Ex-date - new ISIN INE797Z01028 becomes effective for all trades
Impact Assessment
Market Impact: Medium - The share sub-division from Rs.10/- to Re.1/- (1:10 split) will increase the number of outstanding shares by 10 times while reducing the price proportionately, potentially improving liquidity and making shares more accessible to retail investors.
Operational Impact: Medium - Trading members, custodians, and depositories need to ensure their systems correctly handle the ISIN transition on December 19, 2025. Existing shareholders will see their holdings adjusted automatically through the depository system.
Investor Impact: Medium - Existing shareholders will receive 10 shares of Re.1/- face value for every 1 share of Rs.10/- face value held. The market capitalization and proportionate ownership remain unchanged, but the nominal share price will be adjusted accordingly on the ex-date.
Impact Justification
ISIN change due to share sub-division affects trading and settlement systems but is a standard corporate action with clear implementation date