Description

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

Summary

BSE has issued a 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 the ETF units changes from Rs.100/- to Re.1/-, and the new ISIN becomes effective from the ex-date of March 6, 2026.

Key Points

  • New ISIN for LIC MF GOLD ETF (Scrip Code: 533719): INF767K01SM1
  • The corporate action involves a split/change in face value of ETF units from Rs.100/- to Re.1/- per unit
  • The new ISIN is effective for all trades done on and from the ex-date: March 6, 2026
  • This notice is a continuation of Exchange Notice No. 20260225-19 dated February 25, 2026
  • Reference: DR-834/2025-2026

Regulatory Changes

No new regulatory framework introduced. This circular implements an operational change — the assignment of a new ISIN — resulting from an approved ETF unit split/face value change for LIC MF GOLD ETF.

Compliance Requirements

  • Trading members must update their systems to use the new ISIN (INF767K01SM1) for LIC MF GOLD ETF for all trades on and after March 6, 2026
  • Depository participants and back-office systems should reflect the new ISIN and revised face value of Re.1/- per unit

Important Dates

  • Notice Date: March 5, 2026
  • Ex-Date (effective date for new ISIN): March 6, 2026
  • Prior Notice: Exchange Notice No. 20260225-19 dated February 25, 2026

Impact Assessment

This is a routine corporate action (unit split) for LIC MF GOLD ETF. The face value reduction from Rs.100 to Re.1 increases the number of units proportionally, making units more affordable. Trading members and investors must use the new ISIN (INF767K01SM1) for all post-ex-date transactions. Existing holdings will be updated by the depository. Market pricing will adjust to reflect the new unit face value. No disruption to trading is expected, provided systems are updated before the ex-date.

Impact Justification

Operational update affecting trading members and investors in LIC MF GOLD ETF; new ISIN is required for trades post ex-date. Impacts existing holders and systems tracking the ETF but is a routine corporate action.