Description
New ISIN number INE411D01023 assigned for sub-divided equity shares of SKM EGG PRODUCTS from Rs.10 to Rs.5, effective January 12, 2026.
Summary
BSE has announced the new ISIN number for SKM EGG PRODUCTS EXPORT (INDIA) LTD (Scrip Code: 532143) following the sub-division of equity shares. The new ISIN INE411D01023 will replace the existing ISIN for shares with a face value of Rs.5 (previously Rs.10). This change is in continuation of Exchange Notice No. 20251226-42 dated December 26, 2025.
Key Points
- Company: SKM EGG PRODUCTS EXPORT (INDIA) LTD
- Scrip Code: 532143
- New ISIN: INE411D01023
- Subdivision ratio: Rs.10 face value to Rs.5 face value
- Ex-Date for new ISIN: January 12, 2026
- DR Reference: 796/2025-2026
- Notice issued by: Marian Dsouza, Assistant Vice President – Listing Compliance and Operations
Regulatory Changes
No regulatory framework changes. This is a standard corporate action involving ISIN reassignment following equity share subdivision.
Compliance Requirements
- Trading members must update their systems to recognize the new ISIN INE411D01023 for trades executed on or after January 12, 2026
- All market participants should ensure proper mapping of the old ISIN to the new ISIN in their records
- Shareholders will receive shares with the new face value of Rs.5 instead of Rs.10
Important Dates
- Notice Date: January 7, 2026
- Ex-Date: January 12, 2026 (new ISIN becomes effective for trades)
- Previous Notice Reference: December 26, 2025 (Notice No. 20251226-42)
Impact Assessment
Market Impact: Medium. The stock subdivision and ISIN change will affect existing shareholders who will see their share count double with proportionally reduced face value. Trading systems and depository participants need to update records to reflect the new ISIN.
Operational Impact: Medium. Brokers, custodians, and trading members must ensure their systems are updated before the ex-date to handle trades under the new ISIN correctly. The subdivision improves share affordability and liquidity for retail investors.
Investor Impact: Neutral to positive. While the total investment value remains unchanged, the lower face value per share may improve trading liquidity and make the stock more accessible to small investors.
Impact Justification
ISIN change due to stock subdivision affects existing shareholders and trading systems but is a standard corporate action with clear implementation date.