Description
BSE notifies a new ISIN (INE0NIJ01025) for DEV LABTECH VENTURE LTD following sub-division of equity shares from Rs.10/- to Re.5/-, effective from ex-date 15 May 2026.
Summary
BSE Notice No. 20260511-51 (in continuation of Notice No. 20260507-6 dated 07 May 2026) informs trading members that DEV LABTECH VENTURE LTD (Scrip Code: 543848) has been assigned a new ISIN number following a sub-division of its equity shares from face value Rs.10/- per share to Re.5/- per share. The new ISIN becomes effective from the ex-date of 15 May 2026.
Key Points
- New ISIN for DEV LABTECH VENTURE LTD: INE0NIJ01025
- Stock split type: Sub-division of equity shares from Rs.10/- to Re.5/- per share
- Scrip Code: 543848
- New ISIN is effective for trades on and from ex-date 15 May 2026 (DR-631/2026-2027)
- This notice continues from BSE Notice No. 20260507-6 dated 07 May 2026
Regulatory Changes
The existing ISIN for DEV LABTECH VENTURE LTD equity shares is replaced with INE0NIJ01025 as a direct consequence of the corporate action (stock split). The old ISIN will cease to be valid for trades executed on or after the ex-date.
Compliance Requirements
- Trading members must update their systems to use the new ISIN INE0NIJ01025 for all trades in DEV LABTECH VENTURE LTD equity shares on and from 15 May 2026.
- Depository participants and custodians should ensure holdings are reflected under the new ISIN post the ex-date.
Important Dates
- Notice Date: 11 May 2026
- Continuation of: Notice No. 20260507-6 dated 07 May 2026
- Ex-Date (effective date for new ISIN): 15 May 2026
- DR Reference: DR-631/2026-2027
Impact Assessment
This is a routine operational update arising from a board-approved stock split. The face value reduction from Rs.10/- to Re.5/- effectively doubles the number of shares outstanding, which typically improves liquidity for retail investors. Trading members and back-office systems must ensure the ISIN change is captured before the ex-date to avoid settlement failures. The impact is confined to holders and traders of DEV LABTECH VENTURE LTD (Scrip Code: 543848) and carries no broader market-wide implications.
Impact Justification
Routine ISIN reassignment following a stock split; operationally significant for trading members and holders of DEV LABTECH VENTURE LTD but limited to a single small-cap scrip with a defined ex-date.