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