Description

BSE informs trading members of the new ISIN number INF767K01SM1 assigned to LIC MF GOLD ETF units following a split/change in face value from Rs.100 to Re.1, effective from ex-date March 6, 2026.

Summary

BSE has issued Notice No. 20260305-5 informing trading members of the new ISIN number assigned to LIC MF GOLD ETF (Scrip Code: 533719) following a split/change in face value of its ETF units. This is a continuation of Exchange Notice No. 20260225-19 dated February 25, 2026. The face value of ETF units changes from Rs.100/- to Re.1/-, and a new ISIN has been assigned accordingly.

Key Points

  • New ISIN assigned: INF767K01SM1 for LIC MF GOLD ETF (Scrip Code: 533719)
  • Split/Change in Face Value: ETF units from Rs.100/- per unit to Re.1/- per unit
  • Effective from the Ex-Date: March 6, 2026
  • This notice is a continuation of Exchange Notice No. 20260225-19 dated February 25, 2026
  • DR Reference: 834/2025-2026

Regulatory Changes

A new ISIN number (INF767K01SM1) replaces the previous ISIN for LIC MF GOLD ETF units to reflect the change in face value from Rs.100/- to Re.1/-. Trading members must update their systems to use the new ISIN for all trades on and after the ex-date.

Compliance Requirements

  • Trading members must use the new ISIN INF767K01SM1 for all transactions in LIC MF GOLD ETF units effective from March 6, 2026
  • Back-office and settlement systems should be updated to reflect the new ISIN and revised face value
  • Depository participants and custodians should ensure proper mapping of old ISIN to new ISIN for unit holders

Important Dates

  • Notice Date: March 5, 2026
  • Ex-Date (Effective Date): March 6, 2026 — New ISIN becomes effective for all trades
  • Prior Notice Reference: Exchange Notice No. 20260225-19 dated February 25, 2026

Impact Assessment

The ETF unit split reduces the face value from Rs.100/- to Re.1/-, which will proportionally increase the number of units held by investors while maintaining the same overall investment value. Trading members and investors must note the ISIN change to avoid settlement failures. The lower face value may improve liquidity and accessibility of the ETF for smaller investors. Systems relying on ISIN-based identification (order management, settlement, reporting) must be updated before March 6, 2026.

Impact Justification

This is a procedural corporate action notice affecting LIC MF GOLD ETF unit holders and trading members. The ISIN change is operationally significant for settlement and trading systems but does not alter the underlying investment value.