Description

BSE notifies trading members of the new ISIN number INE639B01023 for TANFAC INDUSTRIES LTD following sub-division of equity shares from Rs.10/- to Rs.5/-, effective from ex-date 09-03-2026.

Summary

BSE has issued a notice informing trading members of the new ISIN number assigned to TANFAC INDUSTRIES LTD (Scrip Code: 506854) following the sub-division of its equity shares from Rs.10/- per share to Rs.5/- per share. This is a continuation of Exchange Notice No. 20260304-6 dated March 04, 2026. The new ISIN becomes effective from the ex-date of 09-03-2026.

Key Points

  • New ISIN for TANFAC INDUSTRIES LTD (Scrip Code: 506854): INE639B01023
  • Share sub-division ratio: Rs.10/- face value reduced to Rs.5/- face value per equity share
  • New ISIN is effective for trades done on and from the ex-date: 09-03-2026
  • DR reference: 835/2025-2026
  • This notice continues from Exchange Notice No. 20260304-6 dated 04-03-2026

Regulatory Changes

The existing ISIN for TANFAC INDUSTRIES LTD equity shares is being replaced with a new ISIN (INE639B01023) to reflect the change in face value following the share sub-division. Trading members must update their systems to use the new ISIN for all trades from the ex-date onwards.

Compliance Requirements

  • Trading members must update their trading and back-office systems with the new ISIN number INE639B01023 for TANFAC INDUSTRIES LTD
  • All trades on or after 09-03-2026 (ex-date) must reference the new ISIN
  • Depository participants and clearing members should ensure proper mapping of the new ISIN in their records

Important Dates

  • Notice Date: 06-03-2026
  • Ex-Date (Effective Date for New ISIN): 09-03-2026
  • Reference Notice: Exchange Notice No. 20260304-6 dated 04-03-2026

Impact Assessment

This corporate action affects all trading members, depository participants, and investors holding or trading in TANFAC INDUSTRIES LTD shares. From 09-03-2026, the new ISIN INE639B01023 must be used for all equity transactions. The share sub-division from Rs.10/- to Rs.5/- will double the number of shares in circulation while halving the face value, typically making the stock more accessible to retail investors. Systems that rely on ISIN-based identification must be updated before the ex-date to avoid trade settlement issues.

Impact Justification

Company-specific corporate action affecting TANFAC INDUSTRIES LTD shareholders and traders; new ISIN assignment is operationally significant for trades from ex-date but limited to a single scrip.