Description
Caspian Corporate Services Ltd will consolidate ten equity shares of Re.1/- each into one equity share of Rs.10/- each with record date of December 29, 2025.
Summary
BSE has informed trading members that Caspian Corporate Services Ltd (Scrip Code 534732) has fixed December 29, 2025 as the record date for consolidation of equity shares. The company will consolidate every ten equity shares of Re.1/- each into one equity share of Rs.10/- each. Trading members are advised not to deal in the equity shares of the company from December 29, 2025.
Key Points
- Company: Caspian Corporate Services Ltd
- Scrip Code: 534732
- Record Date: December 29, 2025
- Consolidation Ratio: 10:1 (Ten shares of Re.1/- consolidated into one share of Rs.10/-)
- No dealings permitted from December 29, 2025
- Notice Number: DR-786/2025-2026
- Notice Date: December 23, 2025
Regulatory Changes
No new regulatory changes introduced. This is a standard corporate action notification for share consolidation.
Compliance Requirements
- Trading members must not deal in equity shares of Caspian Corporate Services Ltd from December 29, 2025
- Trading members are required to take note of the consolidation and adjust their systems accordingly
- Shareholders holding shares as of the record date will be affected by the consolidation
Important Dates
- Notice Date: December 23, 2025
- Record Date: December 29, 2025
- No Dealings From: December 29, 2025
Impact Assessment
Market Impact: Medium - Trading will be halted from the record date, affecting liquidity temporarily. The 10:1 consolidation will reduce the number of outstanding shares while increasing the face value per share.
Shareholder Impact: Existing shareholders will see their shareholding quantity reduced by 90% while the face value per share increases 10-fold. The overall value of holdings remains unchanged, but liquidity and trading dynamics may be affected.
Operational Impact: Trading members need to update their systems to reflect the new share structure and ensure no trades are executed from the specified date.
Impact Justification
Share consolidation affects shareholders and trading activity. No dealings from record date impacts liquidity but is standard for such corporate actions.