Description
ISIN code change for Fischer Medical Ventures Limited equity shares effective September 12, 2025 due to sub-division from Rs. 10/- to Re. 1/-
Summary
NSE has announced a change in ISIN code for Fischer Medical Ventures Limited (FISCHER) due to sub-division of equity shares from face value Rs. 10/- to Re. 1/-. The new ISIN INE771F01041 will be effective from September 12, 2025.
Key Points
- Company: Fischer Medical Ventures Limited
- Symbol: FISCHER
- New ISIN: INE771F01041
- Corporate Action: Sub-division from Rs. 10/- to Re. 1/-
- Effective Date: September 12, 2025
Regulatory Changes
ISIN code change from existing code to INE771F01041 to reflect the new face value structure post sub-division.
Compliance Requirements
- All members must note the new ISIN code
- Trading systems must be updated to reflect the new ISIN
- All trades from ex-date onwards will use the new ISIN
Important Dates
- Ex-Date: September 12, 2025 - New ISIN becomes effective for all trades
- Circular Date: September 9, 2025
Impact Assessment
Medium impact on trading operations as members need to update their systems with the new ISIN. The sub-division will increase the number of shares outstanding while reducing the face value, making shares more affordable for retail investors.
Impact Justification
Corporate action affecting share identification and trading systems