Description

Fynx Capital Ltd announces sub-division of equity shares from Rs. 10/- per share to Re. 1/- per share with record date of February 25, 2026.

Summary

Fynx Capital Ltd (Scrip Code: 507962) has announced a sub-division of its equity shares, splitting each existing share of Rs. 10/- face value into ten shares of Re. 1/- face value each. The record date for this corporate action is February 25, 2026. The existing ISIN INE455H01013 will cease to be valid for transactions from the record date, and a new ISIN for Re. 1/- paid-up shares will be communicated separately.

Key Points

  • Company: Fynx Capital Ltd (Scrip Code: 507962)
  • Corporate Action: Sub-division of equity shares
  • Split Ratio: 1:10 (One share of Rs. 10/- into Ten shares of Re. 1/-)
  • Record Date: February 25, 2026
  • Effective Date: February 25, 2026
  • Current ISIN: INE455H01013 (Rs. 10/- paid-up)
  • Current ISIN will be invalid for transactions from February 25, 2026
  • New ISIN for Re. 1/- paid-up shares to be announced separately
  • Notice Number: 20260204-37
  • Segment: Equity (Dematerialised Securities - Rolling Settlement)

Regulatory Changes

No regulatory framework changes. This is a company-specific corporate action involving share capital restructuring through sub-division.

Compliance Requirements

  • Trading members must note that ISIN INE455H01013 will not be valid for exchange transactions on or after February 25, 2026
  • Market participants should await notification of the new ISIN number for Re. 1/- paid-up shares
  • All trading and settlement systems must be updated to reflect the new share structure and ISIN from the effective date
  • Demat accounts will be automatically credited with subdivided shares as per the 1:10 ratio

Important Dates

  • Notice Date: February 4, 2026
  • Record Date: February 25, 2026
  • Effective Date: February 25, 2026 (old ISIN becomes invalid, new paid-up value Re. 1/- takes effect)

Impact Assessment

Market Impact: The sub-division will increase the number of outstanding shares tenfold while reducing the face value proportionally, making shares more affordable for retail investors. This typically improves liquidity and trading activity.

Operational Impact: Moderate operational impact requiring:

  • System updates for new ISIN and face value changes
  • Automatic adjustment of shareholdings in demat accounts
  • Update of all corporate records and share certificates
  • Recalculation of per-share metrics (EPS, book value, etc.)

Investor Impact: Existing shareholders will receive 10 shares for every 1 share held as of the record date. The total value of holdings remains unchanged, but the per-share price will adjust proportionally. Lower share price may attract more retail participation.

Impact Justification

Stock sub-division affects share structure and ISIN but is a routine corporate action with defined implementation date