Description
TANFAC Industries Ltd has fixed March 9, 2026 as the record date for sub-division of equity shares from Rs.10/- each into two shares of Rs.5/- each. The existing ISIN INE639B01015 will be invalid for exchange transactions from March 4, 2026.
Summary
BSE has notified trading members that TANFAC Industries Ltd (Scrip Code: 506854) has fixed March 9, 2026 as the Record Date for sub-division of its equity shares. Each existing equity share of Rs.10/- paid-up will be split into two equity shares of Rs.5/- each. The existing ISIN INE639B01015 (Rs.10/- paid-up) is invalid for exchange transactions on or after March 4, 2026, and a new ISIN for the Rs.5/- paid-up shares will be communicated separately.
Key Points
- Company: TANFAC Industries Ltd (BSE Scrip Code: 506854)
- Record Date: March 9, 2026
- Split Ratio: 1 share of Rs.10/- → 2 shares of Rs.5/- each
- Segment: Dematerialised Securities – Rolling Settlement
- Existing ISIN: INE639B01015 (Rs.10/- paid-up) — invalid from March 4, 2026
- New ISIN: To be notified separately by BSE
- Reference: DR-835/2025-2026
Regulatory Changes
The sub-division changes the face value of TANFAC Industries Ltd equity shares from Rs.10/- per share to Rs.5/- per share. The paid-up value effective date is March 9, 2026. Trading members must ensure compliance with the updated ISIN once announced.
Compliance Requirements
- Trading members must cease using ISIN INE639B01015 for any exchange transactions on or after March 4, 2026.
- Members must await and apply the new ISIN (Rs.5/- paid-up) to be issued via a separate BSE notice before conducting post-record-date transactions.
- All dematerialised holdings and settlement instructions should be updated to reflect the new share structure post-record date.
Important Dates
| Date | Event |
|---|---|
| March 4, 2026 | Old ISIN INE639B01015 (Rs.10/-) invalid for exchange transactions |
| March 9, 2026 | Record Date for sub-division; new paid-up value of Rs.5/- effective |
| TBD | New ISIN for Rs.5/- paid-up shares to be announced separately |
Impact Assessment
This stock split will double the number of outstanding shares of TANFAC Industries Ltd while halving the face value, typically improving share liquidity and affordability for retail investors. Trading members face an immediate operational impact as the old ISIN is invalidated on the same day as the notice (March 4, 2026), requiring swift system updates. The new ISIN is pending announcement, creating a brief window where members must exercise caution in placing orders. Market participants holding TANFAC shares in demat form should expect automatic adjustment of their holdings post-record date through their depositories.
Impact Justification
Stock split with immediate ISIN invalidation effective same day as notice; trading members must act immediately to avoid settlement issues.