Description
BSE notifies new ISIN number INE799B01025 for Hindusthan Urban Infrastructure Ltd following sub-division of equity shares from Rs.10/- to Rs.2/-, effective from ex-date March 13, 2026.
Summary
BSE has issued a notice (No. 20260311-46) informing trading members of the new ISIN number assigned to Hindusthan Urban Infrastructure Ltd (Scrip Code: 539984) following the sub-division of its equity shares from a face value of Rs.10/- per share to Rs.2/- per share. This is a continuation of the earlier Exchange Notice No. 20260219-7 dated February 19, 2026.
Key Points
- New ISIN assigned: INE799B01025
- Company: Hindusthan Urban Infrastructure Ltd (Scrip Code: 539984)
- Reason: Sub-division of equity shares from face value Rs.10/- to Rs.2/- per share
- The new ISIN is effective for all trades from the ex-date onward
- Reference DR: 839/2025-2026
- This notice continues from Exchange Notice No. 20260219-7 dated February 19, 2026
Regulatory Changes
No new regulatory framework introduced. This is an operational update to assign a new ISIN in accordance with the approved share sub-division (stock split) of Hindusthan Urban Infrastructure Ltd.
Compliance Requirements
- Trading members must use the new ISIN INE799B01025 for all trades in Hindusthan Urban Infrastructure Ltd equity shares on and from the ex-date of March 13, 2026.
- The old ISIN should no longer be used for post-ex-date transactions.
- Members should update their systems and back-office records to reflect the new ISIN.
Important Dates
- Notice Date: March 11, 2026
- Ex-Date: March 13, 2026 — New ISIN INE799B01025 becomes effective for trades
- Prior Notice: Exchange Notice No. 20260219-7 dated February 19, 2026
Impact Assessment
This circular has a moderate operational impact on trading members who transact in Hindusthan Urban Infrastructure Ltd shares. The share sub-division increases the number of shares outstanding (face value reduced from Rs.10 to Rs.2, implying a 5:1 split ratio), which may improve liquidity and affordability of the stock. Trading members and custodians must ensure systems are updated with the new ISIN before the ex-date of March 13, 2026 to avoid settlement failures. No broader market impact is anticipated.
Impact Justification
Operational notice affecting trading members and shareholders of a single company; new ISIN assignment is mandatory for post-split trades but has limited broader market impact.