Description
BSE notifies new ISIN INE797Z01028 for Space Incubatrics Technologies Ltd following subdivision of equity shares from Rs.10 to Re.1, effective from December 19, 2025.
Summary
BSE has assigned a new ISIN number INE797Z01028 for Space Incubatrics Technologies Ltd (Scrip Code: 541890) following the subdivision 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.
Key Points
- New ISIN: INE797Z01028 for subdivided shares
- Company: Space Incubatrics Technologies Ltd
- Scrip Code: 541890
- Subdivision ratio: Rs.10 per share to Re.1 per share
- Ex-date for new ISIN: December 19, 2025
- Divisional Reference: DR-781/2025-2026
- Notice is in continuation to Exchange Notice No. 20251208-9 dated December 08, 2025
Regulatory Changes
No regulatory framework changes. This is a routine corporate action notification for share subdivision.
Compliance Requirements
- Trading members must use the new ISIN INE797Z01028 for all trades in Space Incubatrics Technologies Ltd equity shares from December 19, 2025 onwards
- The new ISIN corresponds to equity shares with face value of Re.1 each
- Members should update their systems to reflect the ISIN change before the ex-date
Important Dates
- December 08, 2025: Original exchange notice date (Notice No. 20251208-9)
- December 16, 2025: Current notice date
- December 19, 2025: Ex-date - new ISIN becomes effective for trading
Impact Assessment
Market Impact: Medium - affects only shareholders and traders of Space Incubatrics Technologies Ltd. The share subdivision increases liquidity by reducing per-share price, making shares more accessible to retail investors.
Operational Impact: Trading members must ensure their systems are updated with the new ISIN before the ex-date to avoid settlement issues. The subdivision will result in proportionate increase in share count (10x) for existing shareholders while maintaining total value.
Impact Justification
Routine corporate action affecting single stock - share subdivision requiring ISIN update for trading members