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 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 face value of equity shares will change from Rs.10/- to Rs.5/- per share, with the new ISIN becoming effective from the ex-date of December 22, 2025.
Key Points
- Company: Knowledge Marine & Engineering Works Ltd
- Scrip Code: 543273
- New ISIN: INE0CJD01029
- Corporate Action: Sub-division of equity shares
- Old Face Value: Rs.10/- per share
- New Face Value: Rs.5/- per share
- Notice references continuation of Exchange Notice No. 20251126-16 dated November 26, 2025
- DR Number: 782/2025-2026
Regulatory Changes
No new regulatory changes. This is a standard corporate action notification for ISIN reassignment following share sub-division as per existing SEBI guidelines.
Compliance Requirements
- Trading members must update their systems with the new ISIN number INE0CJD01029
- All records and trading systems should reflect the new face value of Rs.5/- per equity share
- The new ISIN must be used for all trades executed on or after the ex-date
- Demat accounts and holdings will be automatically updated to reflect the sub-divided shares
Important Dates
- Notice Date: December 16, 2025
- Ex-Date: December 22, 2025 (trades from this date onwards will use new ISIN)
- Previous Notice Reference: November 26, 2025 (Notice No. 20251126-16)
Impact Assessment
Market Impact: Low to medium. Share sub-division is a technical adjustment that increases the number of shares while proportionally reducing the face value. This makes shares more affordable for retail investors and improves liquidity.
Operational Impact: Medium for trading members and depositories who must update their systems with the new ISIN. Shareholders will see doubled quantity of shares with proportionally adjusted price.
Investor Impact: Neutral to positive. Existing shareholders will receive twice the number of shares at half the face value, maintaining their total investment value. Lower price per share may attract more retail participation and improve trading volumes.
Impact Justification
Standard corporate action affecting share denomination and ISIN for a single company. Important for shareholders and trading members to update records, but routine administrative change with no direct market impact.