Description
BSE notifies trading members of the new ISIN number INE273D01027 assigned to Varvee Global Limited following sub-division of equity shares from Rs.10/- to Rs.5/- per share, effective from ex-date March 2, 2026.
Summary
BSE has issued Notice No. 20260225-45 informing trading members of the new ISIN number assigned to the sub-divided equity shares of Varvee Global Limited (Scrip Code: 514274). This notice is a continuation of Exchange Notice No. 20260223-20 dated February 23, 2026. The sub-division reduces the face value of each equity share from Rs.10/- to Rs.5/-.
Key Points
- New ISIN for Varvee Global Limited (Scrip Code: 514274) is INE273D01027
- Sub-division of equity shares from face value Rs.10/- to Rs.5/- per share
- New ISIN is effective for all trades on and from the ex-date: March 2, 2026
- This notice continues from Exchange Notice No. 20260223-20 dated February 23, 2026
- DR reference: 831/2025-2026
Regulatory Changes
No new regulatory framework introduced. This notice implements a corporate action (share sub-division) already approved and previously announced, updating the ISIN identifier to reflect the new share denomination.
Compliance Requirements
- Trading members must update their systems to use the new ISIN INE273D01027 for all trades in Varvee Global Limited equity shares on and from March 2, 2026
- All trades referencing the old ISIN should be migrated to the new ISIN from the ex-date
Important Dates
- Notice Date: February 25, 2026
- Reference Notice Date: February 23, 2026 (Notice No. 20260223-20)
- Ex-Date (Effective Date for New ISIN): March 2, 2026
Impact Assessment
This is a routine operational update following a share sub-division corporate action. Trading members and depository participants must ensure their systems recognize and process the new ISIN (INE273D01027) from the ex-date. Existing shareholders will have their holdings reflected under the new ISIN with the adjusted face value of Rs.5/- per share. No change in the company’s overall market capitalization is expected solely from this sub-division.
Impact Justification
Operational update affecting trading members and shareholders of Varvee Global Limited; new ISIN must be used from ex-date onward, requiring system updates for trades in the subdivided shares.