Description

BSE notifies a 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-Mar-2026.

Summary

BSE has issued Notice No. 20260306-2 informing trading members of the new ISIN number assigned to TANFAC INDUSTRIES LTD (Scrip Code: 506854) following a sub-division of its equity shares from a face value of Rs.10/- to Rs.5/- per share. This is a continuation of Exchange Notice No. 20260304-6 dated March 04, 2026.

Key Points

  • New ISIN assigned: INE639B01023 for TANFAC INDUSTRIES LTD (Scrip Code: 506854)
  • The new ISIN replaces the previous one as a result of equity share sub-division
  • Share face value reduced from Rs.10/- to Rs.5/- per equity share
  • The new ISIN is effective for all trades done on and from the ex-date: 09-Mar-2026
  • Reference DR number: DR-835/2025-2026
  • This notice continues Exchange Notice No. 20260304-6 dated 04-Mar-2026

Regulatory Changes

No new regulatory framework changes. This is a corporate action-driven ISIN update resulting from the board-approved sub-division of equity shares of TANFAC INDUSTRIES LTD.

Compliance Requirements

  • Trading members must use the new ISIN INE639B01023 for all trades in TANFAC INDUSTRIES LTD equity shares on and from the ex-date (09-Mar-2026)
  • Systems and records should be updated to reflect the new ISIN prior to the effective date
  • Depository participants and custodians should ensure their records are updated accordingly

Important Dates

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

Impact Assessment

This change has a moderate operational impact on trading members, depository participants, and investors holding TANFAC INDUSTRIES LTD shares. All trades executed on or after 09-Mar-2026 must reference the new ISIN INE639B01023. Existing holdings will be migrated under the new ISIN as part of the sub-division process. Investors will see their share quantity double (proportional to the face value reduction from Rs.10 to Rs.5), while the per-share price will adjust accordingly. No financial loss is expected from this corporate action.

Impact Justification

Affects all trading members and investors holding TANFAC INDUSTRIES LTD shares, requiring use of the new ISIN from ex-date onwards; routine corporate action with clear effective date.