Description

Best Agrolife Ltd (Scrip Code 539660) has been assigned new ISIN INE052T01021 following sub-division of equity shares from Rs.10/- to Re.1/-, effective January 16, 2026.

Summary

BSE has issued a new ISIN number INE052T01021 for Best Agrolife Ltd (Scrip Code: 539660) following the sub-division of equity shares from face value of Rs.10/- to Re.1/-. This change continues from the earlier notice dated January 06, 2026, and will be effective for all trades executed on and from the ex-date of January 16, 2026.

Key Points

  • Company: Best Agrolife Ltd (Scrip Code: 539660)
  • New ISIN Number: INE052T01021
  • Corporate Action: Sub-division of equity shares
  • Old Face Value: Rs.10/- per share
  • New Face Value: Re.1/- per share
  • Ex-Date: January 16, 2026
  • Document Reference: DR-800/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action where the company has sub-divided its equity shares, requiring issuance of a new ISIN to distinguish the new share denomination from the old one.

Compliance Requirements

  • Trading members must update their systems with the new ISIN number INE052T01021
  • All trades executed on or after January 16, 2026 must use the new ISIN
  • Back-office systems, demat records, and trading platforms need to be configured to recognize the new share denomination
  • Members should refer to the continuation notice from January 06, 2026 (Notice No. 20260106-25) for additional context

Important Dates

  • January 06, 2026: Original notice issued (Notice No. 20260106-25)
  • January 13, 2026: New ISIN notification date
  • January 16, 2026: Ex-date - new ISIN becomes effective for all trades

Impact Assessment

Market Impact: Medium - The share sub-division increases the number of outstanding shares by 10x while proportionally reducing the price, making shares more affordable for retail investors. This could potentially improve liquidity and trading volumes.

Operational Impact: Medium - Trading members, custodians, and depositories must ensure their systems are updated with the new ISIN before the ex-date to avoid trade disruptions. Existing shareholders will see their holdings adjusted automatically in demat accounts.

Investor Impact: Low to Medium - Existing shareholders’ total investment value remains unchanged as they receive 10 shares for every 1 share held. The psychological impact of lower per-share price may attract more retail participation.

Impact Justification

Routine corporate action affecting single stock; requires system updates for new ISIN but does not alter fundamental value or trading operations significantly