Description

BSE announces new ISIN INE052T01021 for BEST AGROLIFE LTD (Scrip Code: 539660) following sub-division of equity shares from Rs.10/- to Re.1/-, effective from January 16, 2026.

Summary

BSE has assigned a new ISIN number INE052T01021 to BEST AGROLIFE LTD (Scrip Code: 539660) following the sub-division of equity shares from face value of Rs.10/- to Re.1/-. The new ISIN will be effective for all trades executed on and from the ex-date of January 16, 2026. This is in continuation to Exchange Notice No. 20260106-25 dated January 06, 2026.

Key Points

  • Company: BEST AGROLIFE LTD
  • Scrip Code: 539660
  • New ISIN: INE052T01021
  • Corporate Action: Sub-division of equity shares from Rs.10/- to Re.1/- (1:10 split)
  • Reference Document: DR-800/2025-2026
  • Previous Notice Reference: Exchange Notice No. 20260106-25 dated January 06, 2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action notification for ISIN assignment following share sub-division.

Compliance Requirements

  • Trading members must update their systems with the new ISIN number INE052T01021
  • All trades from ex-date onwards must use the new ISIN
  • Settlement and clearing systems must recognize the new Re.1/- face value shares

Important Dates

  • Notice Date: January 13, 2026
  • Ex-Date: January 16, 2026 (new ISIN becomes effective for trading)
  • Previous Notice Date: January 06, 2026 (Exchange Notice No. 20260106-25)

Impact Assessment

Market Impact: Medium - Affects trading and settlement of BEST AGROLIFE LTD shares. The 1:10 share split will increase liquidity and make shares more affordable to retail investors.

Operational Impact: Trading members, custodians, and depositories must update their systems to reflect the new ISIN and face value. Standard corporate action processing required.

Investor Impact: Existing shareholders will receive 10 shares of Re.1/- each for every 1 share of Rs.10/- held. Total investment value remains unchanged. Improved affordability may attract more retail participation.

Impact Justification

ISIN change affects trading and settlement systems for a listed company following share sub-division. Medium impact as it requires system updates but is routine corporate action.