Description
BSE announces new ISIN INE411D01023 for SKM Egg Products Export (India) Ltd following sub-division of equity shares from Rs.10/- to Rs.5/-, effective from ex-date January 12, 2026.
Summary
BSE has issued a new ISIN number INE411D01023 for SKM Egg Products Export (India) Ltd (Scrip Code: 532143) following the sub-division of equity shares. The face value of equity shares is being reduced from Rs.10/- to Rs.5/- each. This notice continues from Exchange Notice No. 20251226-42 dated December 26, 2025.
Key Points
- Company: SKM Egg Products Export (India) Ltd
- Scrip Code: 532143
- New ISIN Number: INE411D01023
- Corporate Action: Sub-division of equity shares
- Old Face Value: Rs.10/- per share
- New Face Value: Rs.5/- per share
- Record Date Reference: DR-796/2025-2026
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving equity share sub-division as per existing SEBI regulations.
Compliance Requirements
- Trading members must update their systems with the new ISIN number INE411D01023
- All trades executed on or after the ex-date must use the new ISIN
- Systems should reflect the new face value of Rs.5/- per equity share
- Members should ensure proper mapping of old and new ISIN for client portfolios
Important Dates
- Notice Date: January 07, 2026
- Ex-Date: January 12, 2026 (new ISIN effective from this date)
- Previous Notice Reference: December 26, 2025 (Notice No. 20251226-42)
Impact Assessment
Market Impact: Medium - The share sub-division will increase the number of outstanding shares while reducing the trading price proportionately. This typically improves liquidity and makes shares more accessible to retail investors.
Operational Impact: Trading members and custodians need to update their systems to reflect the new ISIN before the ex-date. Existing shareholders will see their holding quantity doubled while the per-share value is halved, maintaining total investment value. No action is required from shareholders as this is an automatic adjustment.
Impact Justification
Standard corporate action affecting single scrip - equity share sub-division requiring ISIN change. Medium importance as it impacts existing shareholders and trading members but is a routine corporate restructuring activity.