Description

United Van Der Horst Ltd will subdivide its equity shares from Rs. 5/- each to Re. 1/- each (1:5 split) with record date on January 22, 2026.

Summary

BSE has announced that United Van Der Horst Ltd (Scrip Code: 522091) will subdivide its existing equity shares in a 1:5 ratio. Each existing equity share with a face value of Rs. 5/- will be subdivided into five equity shares with a face value of Re. 1/- each. The record date for this corporate action is January 22, 2026, and the subdivision will be effective from the same date.

Key Points

  • Company: United Van Der Horst Ltd (Scrip Code: 522091)
  • Corporate Action: Sub-division of equity shares (stock split)
  • Split Ratio: 1:5 (one share of Rs. 5/- becomes five shares of Re. 1/-)
  • Current Face Value: Rs. 5/- per equity share
  • New Face Value: Re. 1/- per equity share
  • Record Date: January 22, 2026
  • Effective Date: January 22, 2026
  • Current ISIN: INE890G01021 (Rs. 5/- paid-up) - will become invalid from January 22, 2026
  • New ISIN: To be notified by separate circular
  • Notice Number: 20260107-19 (DR-804/2025-2026)

Regulatory Changes

No regulatory framework changes. This is a standard corporate action (stock subdivision) under existing regulations.

Compliance Requirements

  • Trading Members: Must note the subdivision and ensure proper handling of transactions post-record date
  • Depository Participants: Must process the subdivision in demat accounts of shareholders
  • Existing ISIN (INE890G01021): Will not be valid for exchange transactions on or after January 22, 2026
  • New ISIN: Trading members must wait for separate notice announcing the new ISIN for Re. 1/- paid-up shares before executing trades in the subdivided shares

Important Dates

  • January 7, 2026: Notice date - Announcement of stock subdivision
  • January 22, 2026: Record date for determining eligible shareholders
  • January 22, 2026: Effective date - Subdivision becomes effective, old ISIN becomes invalid
  • To be announced: New ISIN notification date

Impact Assessment

For Shareholders:

  • Existing shareholders will receive 5 equity shares of Re. 1/- face value for every 1 share of Rs. 5/- face value held as on record date
  • Total investment value remains unchanged; only the number of shares increases
  • Enhanced liquidity due to lower price per share post-subdivision

For Trading Operations:

  • Old ISIN (INE890G01021) will cease to be valid from January 22, 2026
  • Trading will be suspended until new ISIN is assigned and notified
  • All market participants must update their systems with new ISIN once announced

Market Impact: Medium - Stock subdivisions typically improve liquidity and make shares more accessible to retail investors by reducing the trading price per share, though the overall market capitalization remains unchanged.

Impact Justification

Stock subdivision affects existing shareholders through increased share count and reduced face value, requiring ISIN change and impacting trading operations from record date.